arun deposited rs 4,000 in a bank for 3 yrs at an interested 15% per annum. what is the compound interest that arun will get after 3 yrs?
Answers
Answered by
9
Answer:
2083
Step-by-step explanation:
CI =P[1+R/100]ⁿ-P
= 4000 [1+ 15/100]³-4000
= 4000 [115/100]³-4000
= 4000{1.520}-4000
= 2083
Similar questions