Math, asked by funzone91, 6 months ago


2. Find the amount and the compound interest on 31,250 for 3 years at 12% p.a.
compounded annually.

Answers

Answered by ramandhamija
0

Step-by-step explanation:

using short trick sorry for this

12+12+12×12/100

24+144/100

24+ 1.44

= 25.44

25.44 + 12 + 25.44×12/100

37.44+ 3.05 % of 31250

40.5% approx of 31250

12656.25

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