what is the compound interest on 50,000 for 6 months at 5%
Answers
Answered by
346
p= 50,000
time = 1/2 yrs
rate = 5%
CI = prt/100
CI= 50000×1×5/100×2 = 1250
Therefore CI = 1250 Ans
Answered by
3
p= 50,000
time = 1/2 years !!
rate = 5%
Cl = prt/100
CI= 50000x1x5/100x2 = 1250
Therefore Cl = 1250
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