Question

calculate the amount and compound interest onrupee 8000 in 3 years , when the rates of interest of or succesive years be 4%,6%,and 8%​

Answer 1

Answer:

Amount = 9524.736

Compound Interest = 1254.736

Step-by-step explanation:

Principal - 8000

Rate - 4% , 6% , 8%

Time - 3yrs

Amount = P (1+R/100)

= 8000(1+4/100)(1+6/100)(1+8/100)

= 8000*104/100*106/100*108/100

Amount = 9524.736

C.I. = 9524.736-8000

= 1254.736

Hope it will help you!