2. Ranjan deposits * 4200 in his saving account. What amount will he get after 3 years, if bank is paying
interest at the rate of 6.25% per annum?
Answers
Answered by
1
Answer:
787.5
Step-by-step explanation:
Principal - 4200
Time period- 3 years
Rate of interest- 6.25%
= P X R X T/100
= 4200 x 6.25 x 3/100
= 4200 x 18.75/100
= 78750/100
= 787.5
Answered by
2
Answer:
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