at what rate percent will 32000 amount to 32315-25 in 3 years at compound
interest?
Answers
Answered by
2
Answer:
Amount =2315.25
Time =3 Year
Amount =P(1+
100
r
)
TM
2315.25=2000(1+
100
r
)
3
2000
2315.25
=(1+
100
r
)
3
3000
9261
=(1+
100
r
)
3
20
21
=1+
100
r
100+r=
20
2100
100+r=105
r=5%
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