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16 January, 18:31

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

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Answers (2)
  1. 16 January, 20:03
    0
    Step-by-step explanation:

    I = PRT : 100

    P is principal

    R is rate (%)

    T is time (years)

    I = (25000 * 12 * 5) : 100

    = 15000
  2. 16 January, 20:38
    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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