50000 is borrowed and the rate of interest is 10 per annum. Compound growth follows the same logic as compound interest. Heck it can be a difficult concept for us Mama Bears.
Determine what values are given and what values you need to find.
The compound interest 2382032 20000 382032. The compound interest 2382032 20000 382032. Find the value of an initial investment of 5000 after 6 years. R 10.