Calculate the Cl and amount on 3,600 for 3/2 years at 6% per annum if the interest is compounded<br />annually
Answers
Answered by
21
solution:
To find:
Calculate the S.I. unit?
Given:
Answered by
2
Answer:
solution:
\sf \: 3618.523618.52
To find:
Calculate the S.I. unit?
Given:
\begin{gathered}\tt {\pink{Given}}\begin{cases} \sf{\green{Principal=Rs.3600}}\\ \sf{\blue{Time= \frac{3}{2} \: Years}}\\ \sf{\orange{Rate=6\%}}\\ \sf{\red{Amount=?}}\end{cases}\end{gathered}
Given
⎩
⎪
⎪
⎪
⎪
⎨
⎪
⎪
⎪
⎪
⎧
Principal=Rs.3600
Time=
2
3
Years
Rate=6%
Amount=?
\implies\boxed{\sf{c.i. = p+(1 + \frac{r}{n}) ^{nt} }}⟹
c.i.=p+(1+
n
r
)
nt
\implies \sf \: {3600 + (1 + \frac{6}{1}) } ^{ \frac{3}{2} }⟹3600+(1+
1
6
)
2
3
\implies \sf \: 3600 + \sqrt{7^3}⟹3600+
7
3
\implies \sf \: 3600 + 18.52⟹3600+18.52
\implies \sf \: 3618.52(approx)⟹3618.52(approx)
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