a man investes 12000 for 3 years at 15% per annum calculate the amount and compound interest that men will get after 3 years
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Answered by
1
Answer:
CI after 3 years 6250.5
Step-by-step explanation:
CI for 1st year 15% of 12000=1800
CI for 2nd year 15% of (12000+1800)=2070
CI for 3rd year 15% of (12000+2700)=2350.5
CI after 3 years 6250.5
Answered by
0
Answer:
the total amount the man will get is 17400 and it's interest is 5400
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