Math, asked by sumi09041981, 9 months ago

₹ 10,800 for 3 years at 12 1/2 per annum compounded annually​

Answers

Answered by krushnatchougale266
9

Answer:

4,577.3438 Rs.

Step-by-step explanation:

given, P = 10,800 Rs. T = 3 years and R = 12 1/2 % = 25/2 % per annum

use formula,

A=P(1+\frac{R}{100})^TA=P(1+

100

R

)

T

or, A=10800(1+\frac{\frac{25}{2}}{100})^3A=10800(1+

100

2

25

)

3

or, A=10800(1+\frac{25}{200})^3A=10800(1+

200

25

)

3

or, A=10800(1+\frac{1}{8})^3A=10800(1+

8

1

)

3

or, A=10800(\frac{9}{8})^3A=10800(

8

9

)

3

or, A = 10800 × 9 × 9 × 9/(8 × 8 × 8)

= 15,377.3438 Rs.

now, compound interest = A - P

= 15,377.3438 - 10,800

= 4,577.3438 Rs.

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