SOLUTION: what will be compound interest accrued on an amount of 35000 at the rate of 12 p.c.p.a. after 2 years?

SOLUTION: what will be compound interest accrued on an amount of 35000 at the rate of 12 p.c.p.a. after 2 years?

Algebra.Com

Question 756482: what will be compound interest accrued on an amount of 35000 at the rate of 12 p.c.p.a. after 2 years?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
A=35000(1.12)^2
A=35000*1.2544
A=43904
43904-35000=8904
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