Dinesh deposited 8000 in a bank at the rate of 9 pcpa How much money will he get at the end of the year
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Answer:
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Step-by-step explanation:
Answer
we know that,
A=P(1+
100
R
)
n
Putting the values in this formula we will get the amount
Principal is 8000
time is 3 years
rate is 3%
so,
=8000(1+
100
5
)
3
=8000×(1.05)
3
=8000×1.1576=9261
After 3 years he will get Rs9261
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