Question

the compound interest on the principal 10000 rate of interest 5% for 1yr​

Answer 1

Answer:

here is your answer for your problem

Answer 2

Answer:

Step-by-step explanation:

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CI = ?

Then AMOUNT

A = P(1+R/100)^t

A = 10,000 ( 1+5/100)^1

A = 10,000(105/100) now power is 1 then no valve...

10,000 × 105/100

100 × 105 = 10500

Then CI = Amount - Principal

A - P = 10,500 - 10,000

= 500

Then CI is equal to 500

Thanks very much

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