Question

the interest on a sum of Rs 25000 for 6 years at the interest rate 8 %​

Answer 1

Answer:

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Answer 2

Answer:

Is interest compound or simple

If simple - 25000 + ( 8% ×7 ) = 25000+( 2000×7 )

25000+14000=39000

Compound - 25000+ 8% = 27000

2nd year- 27000+ 8% = 29160

3rd - 29160+ 8% = 31492.8

4th- 31492.8+8% = 34012.224

5th - 34012.224+8% = 36733.20192

6th - 36733.20192+8% = 39761.0000

Step-by-step explanation:

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