Question

Calculate the amount and the compound interest on ₹ 6,000 in 3 years at 5% per year without using formula for compound interest directly.​

Answer 1

Answer:

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Step-by-step explanation:

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an electronic device for storing and processing data, typically in binary form, according to instructions given to it in a variable program.

Answer 2

For ,

N=3years

R=5 %

=>P=Rs6,000

=>P=Rs6,000

And on interest being compounded we have, 

Amount=P(1+100R)N=6,000×(1+1005)3=6,000×1.053

=Rs6,945.75

So, C.I.=A−P=Rs6,945.75

=Rs6,000

=Rs945.75