Saved Bookmarks
| 1. |
Find the amount and the compound interest on 2000 at 10% p.a. for 5/2 years,compounded annually. |
|
Answer» Step-by-step EXPLANATION: p=2000,r=10 PERCENT,time=5/2so, as we KNOW that the FORMULA is a=p(1+r/100)^5/2 = a=2000(1+10/100)= a=2000*11=22,000is AMOUNT |
|