Question

calculate the amount of rupees 18000 is invested at 15% per annum compounded annually for 3 years

Answer 1

Answer:

27375.75

Step-by-step explanation:

we know that A=P(1+I)N

Where,A=amount received =?

P=Principle=18000

i= interest=15/100=0.15

N=3 Years

so, A=18000(1+0.15)3

       A=18000(1.15)3

       A=18000 x 1.520

      A=27375.75 ans

Answer 2

Step-by-step explanation:

A= P × ( 1 + r / 100 ) ^ 3

= 18000 × ( 1 + 15 / 100) ^ 3

= 18000 × ( 23 / 20 ) ^ 3

= 18000 × 23 / 20 × 23 / 20 × 23 / 20

= 18000 × 23 × 23 ×23 / 8000

= 27375.75 is the answer

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