Find compound interest on 15,625 at 4% for 3 years. Help! With steps

asked Jul 14, 2023 125k views

3 votes

Find compound interest on 15,625 at 4% for 3 years.
Help! With steps

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2 votes

Answer:

P=15,625

Rate=4%

Time=3 years

CI=P(1+R/100)^T

=15,625(1+4/100)^3

=15,625*1.124864

=17576 Ans

Explanation:

hope it helps

Manto answered Jul 18, 2023

by Manto

3.8k points

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