Question

Calculate the amount and the compound interest on rupees 7,50,000 for 3 years at the rate of 11% p.a. compounded anually ? Answer fast .... SPAMMERS STAY AWAY !!

Answer 1

Answer:

Rs 1025723

Step-by-step explanation:

CI = P(1+i)^n

750000(1+.11) raise to power 3

Answer 2

Answer:

amount = rs 1025723.25

CI = rs.

275723.25

Step-by-step explanation:

amount= principle(1+rate/100)*

= 750000(1+11/100)³

=750000(111/100*111/100*111/100)

=rs. 1025723.25

CI = amount - Principle

= 1025723.25- 750000

=rs. 275723.25