Question

2. Calculate the amount and the compound
interest on :
(i) * 6,000 in 3 years at 5% per year.​

Answer 1

Answer:

hope this help you

Step-by-step explanation:

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Answer 2

Answer:

for 1St year

p=RS.6,000;r=5%and T=1 year

:interest ='[6,000××5××1]\[100]=RS.300.

And, amount= RS.(6,000+300) RS.6300.

for 2nd year,

p=RS.6,300;R=5% and T=1 year

: interest = RS.(6,300××5××1)/100=RS.315

and, amount=RS.(6,300+315)= RS.6,615.

for 3rd year,

p= RS.6,615; R=5% and T=1 year

: interest = RS .'(6,615××5××1)/100= RS..330.75

And, amount = RS.(6,615+330.75)= RS.6,945.75

:c.l. accurued = final amount - intitial principal = RS.(6,945.75-6,000)= RS.945.75

I hope it helps to you