(c) Find the interest and the amount :
(i) Rs. 10,000 for 3 years at 5 % per annum.
madamlal960:
please can u explain this
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Answered by
2
Answer:
Answer
Given Rate of interests are r
1
=5%=0.05,r
2
=8%=0.08,r
3
=10%=0.1
Principal Amount is A=10,000
Time is t=1 years
Interest is compounded yearly once ⟹n=1
for 1st year ,Amount =P(1+
n
r
1
)
nt
=10000(1+0.05)=10500
for 2nd year ,Amount =P(1+
n
r
2
)
nt
=10500(1+0.08)=11340
for 3rd year ,Amount =P(1+
n
r
3
)
nt
=11340(1+0.1)=12474
Total Interest is 12474−10000=2474
Answered by
3
Answer:
your answer is in above page ....
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can u explain this again u have wrote the principle 1000
i wrote principle 1000 because in question it is given that we have to find interst and Amount if it is that we hve find these 2 things then only principle will be given. if he ask to find interst than why he will give answer in question
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