Calculate the amount and compound interest on ₹9000 in 3years, whenthe
rates of interest for successive years be 4%, 6% and 8% respectively.
Answers
Answered by
0
Answer:
ANSWER
A=9000×(1+
100
12
)(1+
100
15
)(1+
100
20
)
A=9000×
100
112
×
100
115
×
100
120
A=
100
112×115×12×9
A=13910.40Rs
Answered by
3
Answer:
Amount = 10715.328
Compound Interest = 1715.328
Step-by-step explanation:
Principal - 9000
Rate - 4%,6%,8%
Time - 3 yrs
Amount = P(1+R/100)
= 9000(1+4/100)(1+6/100)(1+8/100)
= 9000(104/100)(106/100)(108/100)
Amount = 10715.328
C.I. = A-P
= 101715.328-9000
= 1715.328
Hope it will help you!
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