Question

1. Find the amount Akbar would get after 3 years if he invested 40,000 for 3 years at 8% inter
compounded annually.​

Answer 1

Answer:

hope you find this answer helpful.

Answer 2

Answer:

amount=$49,600

Step-by-step explanation:

P=$40,00 ,R=5%, T=3years

S.I.=P×R×T÷100

S.I.=40,000×8×3÷100=$9,600

amount =P+S.I.

=$(40,000+9,600)=%49,600