Solve:
(1) $P = 7500 R = 5 % T = 4 years A = ?$
(2) $P = 72000 R = 7 % T = 2 years A = ?$

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Solution

$A = P {(1 + \frac{r}{100})}^{n}$

1) $A = 7500 {(1 + \frac{5}{100})}^{4} = 9116.29 R s$

2) $A = 72000 {(1 + \frac{7}{100})}^{2} = 82432.8 R s$

$A = 9, 116.29 R s . A = 82, 432.8$

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