12. Exemplar exercise problems V

1. To calculate the growth of a bacteria if the rate of growth is known, the formula for calculation of amount in compound interest can be used. FalseTrue

 

2. The compound interest on a sum of \(Rs. P\) for \(T\) years at \(R \%\) per annum compounded annually is given by the formula \(P \left(1 + \frac{R}{100} \right)\). FalseTrue