Question

Calculate combound Interest on 60,000 for
3 years if the rate for 3 years are 4%, 5%
and 6%
respectively​

Answer 1

Answer:

1). 60000/3×3

Therefore....60000/9

= you can divide and find the answer with rate of years with 4℅ and 5℅

Answer 2

Step-by-step explanation:

Amount = 60000× (1+4/100)(1+5/100)(1+6/100)

= 60000×26/25×21/20×53/50

= 69451.2

C.I = 69451.2 - 60000 = 9451.2