Question

Calculate the amount and compound interest on 2000 for 3 years at 5% per annum compounded annually

Answer 1

Answer:

3,600

Step-by-step explanation:

Amount = ₹2000

Time = 3 years ( 36 monts)

Interest = 5%

2000 X 36 = 72,000

72,000 X 5 % (0.05 %)

= ₹ 3,600

Here is your Answer step by step .

Hope it helps you

Please mark me as Brainlist.

Answer 2

Amount = ₹ 2315.2

Compound Interest = ₹ 315.2

Hope Helps You ✌️

Please mark as the Brainliest ‼️