3. A school borrows an amount of * 100,000
from a bank to construct a Mathematics
laboratory. The loan is taken on compound
interest, compounded annually, at the rate of 8percent per annum find the amount paid back at end of 3 years
Answers
Answered by
0
Answer:
2,40,000
Step-by-step explanation:
SI = PRT / 100
1,000,000 * 8 * 3 / 100
= 2,40,000
Similar questions