1.

Calculate the amount and the compound interest on 12000 in 2 year and 10% per year ​

Answer»

ANSWER:

formula for COMPOUND INTEREST is : p( 1+ r/100)POWER n

so 12000( 1+ 10/100)²

12000× 110/100×110/100

12 × 11/10×11

=) 145.2



Discussion

No Comment Found