Question

calculate the compound interest for Rs 10800 for 3years at 12 percentage per annum compound anually

Answer 1

Answer:

given, P = 10,800 Rs. T = 3 years and R = 12 1/2 % = 25/2 % per annum

use formula,

or,  

or,  

or,  

or,  

or, A = 10800 × 9 × 9 × 9/(8 × 8 × 8)

= 15,377.3438 Rs.

now, compound interest = A - P

= 15,377.3438 - 10,800

= 4,577.3438 Rs.

Step-by-step explanation:

Answer 2

ᴀɴsᴡᴇʀ ʀᴇғᴇʀs ᴛᴏ ᴛʜᴇ ᴀᴛᴛᴀᴄʜᴍᴇɴᴛ.