Math, asked by shanskm2017, 1 year ago

A person deposited rs.15000 in mutual funds that gives an interest rate of 12%per annum the interest is calculated every year and added to the principle how much does he get after 3 yrs

Answers

Answered by 9730069363

0

Answer:

rs.20400

Step-by-step explanation:

INTEREST = P*R*T/100

THEREFORE,INTEREST=rs.5400

AMOUNT RECIEVED=rs. 15000+5400=rs.20400

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