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Softa [21]
2 years ago
8

Calculate the Compound interest for 18,000 for 2 years at 8% per

Mathematics
2 answers:
sp2606 [1]2 years ago
6 0

Step-by-step explanation:

principal = 18000

Time = 3 yrs

Rate. = 8%.

CI. = ?

Now

CI = p ( 1+ R÷ 100) ^T

CI = 18000( 1+ 8÷ 100 ) ^ 2

CI = 20995.2

Hope it's is Right :-)

egoroff_w [7]2 years ago
3 0

Answer:

interest ( I ) , principal ( P ), Time ( T ) , Rate ( R )

P = <u> </u><u>I×T×R</u>

<u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u>100

P = <u>1</u><u>8</u><u>,</u><u>0</u><u>0</u><u>0</u><u>×</u><u>2</u><u>×</u><u>8</u>

<u> </u><u> </u><u> </u><u> </u><u> </u><u> </u> 100

= <u>1</u><u>8</u><u>,</u><u>0</u><u>0</u><u>0</u><u>×</u><u>1</u><u>6</u>

<u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u> 100

so two zero cancel other two zero living

= <u>1</u><u>8</u><u>0</u><u>×</u><u>1</u><u>6</u><u> </u><u> </u> = 180 × 16

1

= 180 × 16

P = 2880

<u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u> </u><u>1</u>

<u> </u><u> </u><u> </u><u> </u><u> </u><u> </u>

we fixe in the values

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