Math, asked by ak9627885, 1 month ago

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 YaminiRamesh20

0

Answer:

2,40,000

Step-by-step explanation:

SI = PRT / 100

1,000,000 * 8 * 3 / 100

= 2,40,000

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