A man invests ₹46,875 st 4% per annum compound interest for 3 years. calculate : ( a )= the intrest for the first year (b) = the amount standing to his credit at the wnd of the second year (c) = the intrest for the third year
Answers
Answered by
12
Answer:
Principal = 46875
R = 4%
T = 3yr
Step-by-step explanation:
i) Interest for 1st Yr = (p*r*t) /100
= 46875 * 4 * 1 / 100 = 1875
II) amount = p (1 + r/100)^n
= 46875(1 + 4/100) ^2
=46875 (104/100)^2
= (46875 * 26 * 26) / (25 * 25)
= 50700
iii) principal = 50700 ( amount of 2nd Yr)
R = 4%
T = 1 yr
Interest = p* r * t/100
= 50700 * 4 * 1/100= 2028
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Answered by
4
Answer:
Given : P=46875,
R=4%,
T=2
A=P(1+R)
T
A=46875(1+4)
2
A=46875×5
2
A=46875×25=1171875
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