Thank you for the opportunity to help you with your question!
Compound interest is interest added to the principal of a deposit or loan so that the added interest also earns interest from then on. This addition of interest to the principal is called compounding.
The formula for calculating compound amount is A=P(1+r)^n
A=?= Accumulated amount
r=10%=rate of interest
n=25 y=number of years
Now put the value in the formula
The correct option is A
Content will be erased after question is completed.
Enter the email address associated with your account, and we will email you a link to reset your password.
Forgot your password?