calculate the amount and compound interest rupess 10000 for 3 years 10% per annum compounded annually
Answers
Answered by
0
Answer:
10000(1+10/100)³
=10000*11/10*11/10*11/10
amount =13310
Answered by
3
Step-by-step explanation:
P = 10000
R = 10%
t = 3 years
A = P(1 + R/100)^t
= 10000(1 + 10/100)^3
= 10000 × 11/10 × 11/10 × 11/10
= Rs. 13310
Compound interest = Amount - Principal
= 13310 - 10000
= Rs. 3310
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