Math, asked by narahchanjina055, 2 months ago

1. Find the compound interest on 20,000 at 10% per annum for 3 years

Answers

Answered by 05divyansh

15

26,620. ɴᴏᴡ ᴛʜᴇ ᴄᴏᴍᴘᴏᴜɴᴅ ɪɴᴛᴇʀᴇsᴛ ғᴏʀ ᴛʜʀᴇᴇ ʏᴇᴀʀs ᴡɪʟʟ ʙᴇ = ᴀᴍᴏᴜɴᴛ ᴀғᴛᴇʀ ᴛʜʀᴇᴇ ʏᴇᴀʀs – ɪɴɪᴛɪᴀʟ ᴀᴍᴏᴜɴᴛ. ʜᴇɴᴄᴇ, ᴛʜᴇ ᴄᴏᴍᴘᴏᴜɴᴅ ɪɴᴛᴇʀᴇsᴛ ғᴏʀ ᴛʜʀᴇᴇ ʏᴇᴀʀs ᴡɪʟʟ ʙᴇ ʀs. 6,620.

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Answered by pramodnagarcuraj17

4

Answer:

compound interest=20000*((1+10/100)^3)-20000

=(20000*110*110*110/1000)-20000

=26620-20000

=6620

pramodnagarcuraj17: thank u

narahchanjina055: wlcm

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