Question

a<br />Principal = Rs 4,000,<br />Find The compound<br />Rate - 6%<br />interest.<br />Time - 3 years​

Answer 1

Answer:

principal amount P=RS 4000

rate of interest R=6%

time T=3 years

compound interest=P(1+R/100)^T

=4000(1+6/100)^3

=4000(1.06)^3

=4000×1.191026

= RS 4764.064