Answer: 2
Step-by-step explanation:

60/48
x100
60/48=1.25
1.25x100
125%
Answer:
6
come to z o o m
z o o m id 85675494491 pwd eu3nFG
We know that, Amount in Compound interest is given by :

Given : Principal = $2000
Given : Annual yield is 5% and the interest is compounded quarterly
It means : Interest is compounded 4 times in a year


Substituting all the values in the formula, we get :






