d. Bhanu deposits 35000 at 9% per annum for 3 years with the interest compounded
annually. Determine the compound interest received at the end of 3rd year. give step by step
Answers
Answered by
1
Answer:
ANSWER
A=P(1+
100
R
)
n
P= Rs 35000, Time, n= 3 half years, R= 12% p.a= 6% per half yearly
A=35000(1+
100
6
)
3
A=35000(
100
100+6
)
3
A=35000(
100
106
)
3
A=35000(
50
53
)
3
A=Rs41685.56
CI=41685.56-350000
CI=Rs6685.56
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Answered by
0
Answer:45,326.015 rs
Step-by-step explanation:
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