The compound interest on the given information is 204 Rs.
<h3>What is compound interest?</h3>
Interest received on both the principal amount of your savings and any prior amount is known as compound interest.
The calculation for compound interest-
A = P [ 1 + r/100]^n
Principal amount=2500
Time = 2 years
Rate of interest =4%
A stand for Total Amount = Principal amount + Interest
Total amount = 2500 × (1 + 4/100)²
= 2500 × ( 1 + 1/25)²
= 2500 × (26/25)²
= 2500 × (676/625)
= 2704
Interest = Total amount - Principal amount
= 2704-2500
= Rs. 204
Therefore, the compound interest will be Rs. 204.
Learn more about Compound Interest, here:
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Answer:
The correct option is;
B. Performing a premarket test before venturing into full-scale production
Explanation:
Market testing is the process of appraising the different scenarios and arrangements that can be encountered and the selection of the most appropriate arrangement that is most favorable for expansion
Market testing involves trials made to answer the following questions;
The level of demand for the marketed product
The customers demanding the product, and customer opinion about the product, compared to those of the competitor
The expected level of sales
The best form of advertising
The legal requirements
The competitors in the market
Other market reactions to product launch
B You earn interest when you use a charge card but not a credit card.
The Age of Student on C is 24
