3 years ago

What will be the compound interest p=25000 r= 12% p.a for 5 years

Mathematics

2 answers:

DanielleElmas [232]3 years ago

6 0

Answer:

Step-by-step explanation:

I= PRT ÷ 100

P is principal

R is rate (%)

T is time (years)

I = (25000 × 12 × 5) ÷ 100

= 15000

rusak2 [61]3 years ago

5 0

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

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