Question

Find the compound interest on a sum of $2500 at a rate of 6% per year for 3 years

Answer 1

Answer:

$450?

Step-by-step explanation:

Answer 2

Answer:

$450

Step-by-step explanation:

$\frac{2500 \times 6 \times 3}{100} \\ 25 \times 6 \times 3 \\ = 450$