Question

calculate the amount and compound interest on rs. 750000 for 3 years at the rate of 11% per annum compounded annually​

Answer 1

Answer:

275723.25

Step-by-step explanation:

Amount = P[ 1 + 11/100 ] raise to 3

= P [ 111/100 ] raise to 3

= 750000 x 1367631/1000000

= 1025723.25

C.I. = 1025723.25 - 750000

= 275723.25

Answer 2

Answer:

275723.25

Step-by-step explanation:

hope you understand