Math, asked by rishikamalik24, 3 months ago

1. If 5700 is invested at 11% p.a., find the amount after 3 years if the interest is compounded
continuously

Answers

Answered by Jeetanshi

2

5700[1+(11/100)]^3

5700(111/100)^3

5700(1367631/1000000)

57(1367631/10000)

57×136.7631

7795.4967

Hence, the amount is Rs. 7795.4967

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