Math, asked by ishikasingh7520, 7 hours ago

14. What sum of money will amount to
6655 at the rate of 10% per annum
compounded annually in 3 years?

Answers

Answered by Esheth

1

Answer:

8857.8

Step-by-step explanation:

Use compound interest formula

I = P × (1 + r/100)^t

I = 6655 × ( 1 + 10/100)^3

I = 8857.8

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