What will be the compound interest p=25000 r= 12% p.a for 5 years
2 answers:
Answer:
Step-by-step explanation:
I= PRT ÷ 100
P is principal
R is rate (%)
T is time (years)
I = (25000 × 12 × 5) ÷ 100
= 15000
Answer:19057.5
Step-by-step explanation:
Compound interest=p(1+r/100)^n-p
Compound interest=25000(1+12/100)^5-25000
Compound interest=25000(1.12)^5-25000
Compound interest=25000×1.7623-25000
Compound interest=44057.5-25000
Compound interest=19057.5
You might be interested in
Answer: 829 3/4 or 829 75/100
Step-by-step explanation:
Clara will she will have 16 phone calls while Toby will have 15
A right triangle has a 90degree angle
<span>regular pentagon sum of interior = (5 - 2) x 180 = 3 x 180 = 540
so
x = 540 / 5 = 108
180 - 108 = 72
y = 72/2 = 36
z = 180 - 90 - 36
z = 54
answer
x = 108, y = 36 and z = 54</span>
Answer:
+5000
when he opened the bank there would be an addition to his account
