Math, asked by kumarsangeeta836, 11 months ago

Anuradha deposited Rs. 8000 in an institute at 5% interest per annual in compound interest , find out the amount of money that she would get after a period of 3 years

Answers

Answered by JanePatricia

7

Step-by-step explanation:

Principal=Rs.8000

Rate of interest= 5%

Time period=3years

Simple interest=PRT÷100

=Rs.8000×5%×3years÷100

=Rs.1200

Amount=S.I+Principal

=Rs.1200+Rs.8000

=Rs.9200

Therefore, The amount of money that she wouuld get after 3 years is Rs.9200

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