The amount and the compound interest is 525
First step is to calculate the Amount(A)
Using this formula
Amount(A)=P[1+(R/100)]^ n
Where:
P represent Present value=2500
r represent Interest rate=10% per annum
n represent Time=2 years
Let plug in the formula
Amount(A)=2500(1+10/100) ^2
Amount(A)=2500(11/10)^2
Amount(A)=2500(121/100)
Amount(A)=25(121)
Amount(A)=3025
Now let calculate the Compound interest
Using this formula
Compound interest = A–P
Where:
A=3025
P=2500
Let plug in the formula
Compound interest=3025–2500
Compound interest=525
Inconclusion The amount and the compound interest is 525.
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https://brainly.com/question/19474463
