Question

anupama borrowed a sum of rs 10000 from Natasha for 3 years. I the rate of interest is 5 percent compounded annually, I find the amount anupama will have to pay Natasha 3 years

Answer 1

Here is your Solution,
P = 10000
T = 3
R = 5
So, Amount = P(1+R/100)^T
A/Q-
Amount = 10000(1 + 5/100)^3
=> 10000(21/20 × 21/20 × 21/20)
=> 10000 × 9261/8000
=> 11576.25 _ Answer
So, the Amount paid by Anupama is 11576.25

Answer 2

Answer:

₹11576.25 must be paid after 3 years

Step-by-step explanation:

using the formula

Where,

p = ₹10,000

n = 3 years

r = 5%

$\sf \: A = 10000(1 + \frac{5}{100} {)}^{3} \\ \sf \: A = 10000 \times \frac{21}{20} \times \frac{21}{20} \times \frac{21}{20} \\ \sf \: A = \frac{10 \times 21 \times 21 \times 21}{8} \\ \sf \: A = 11576.25 \: ans.$