Question

calculate the compound interest on 15000 in 3 years if the rate of interest of success in a year is 6% 8% and 10% respectively ?
please try to give correct answer

Answer 1

Answer = Rs.3889.20

hope it helps u

Answer 2

Step-by-step explanation:

$\begin{aligned}    {{A}_{1}}&=P+\frac{P\times {{r}_{1}}\times T}{100} \\ & =15000+\frac{15000\times 6\times 1}{100} \\ & =15000+900 \\ & =15900  \end{aligned}</p><p>$

The compound interest on Rs 15000 in 3 years if the rates of interest for successive years is 6%, 8% and 10% respectively will be Rs.3889.2