Question

The compound interest on 5000 at 12% for 2 years is

Answer 1

$5000 \times 12 \times 1 \div 100 \div = 600 \\ 5000 + 600 = 5600 \\ \\ 5600 \times 1 \times 12 \div 100 = 672 \\ 5600 + 672 = 6272 \\ \\ \\ hope \: \: it \: helps \: you$