Question

What will be compound interest
for ₹6250 at 8p.a compound
annually for 2 year?
​

Answer 1

Answer:

750

Step-by-step explanation:

l hope this is helpful from you

Answer 2

Answer:

1040

Step-by-step explanation:

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

A = 6250 (1+8/100)^2

A= 6250×108/100×108/100

A = 7290

CI = A-P

CI = 7290-6250

CI = 1040