compounded annually rupee 12800 for 3 years at 6 1/2 p.a.
Answers
Answered by
3
Answer:
Principal =Rs.12800
Rate of interest =10%
Time =3 years
Amount=P(1+
100
R
)
T
⇒A=12800(1+
100
10
)
3
⇒ A=12800×
100
110
×
100
110
×
100
110
=Rs.17036.80
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