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ICSE Class 8 Answered

P=625 rate 4% t 2year find thecompound interest
Asked by 143808873234940 | 26 Sep, 2018, 07:11: PM
answered-by-expert Expert Answer
begin mathsize 16px style straight A space equals space straight P open parentheses 1 space plus space straight R over 100 close parentheses to the power of straight N space space space space equals space 625 open parentheses 1 space plus space 4 over 100 close parentheses squared space space space space equals 625 space space cross times space 104 over 100 space cross times space 104 over 100 space space space space equals 676 end style
 
Compound Interest = A - P = 676 - 625 = 51
Answered by Yasmeen Khan | 27 Sep, 2018, 11:55: AM

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