find amount and ci on31250 for 3 year at8% per annum compounded annually
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______✨ HEY MATE ✨_____
➡️Here is your SOLUTION ⤵️
➡️A = P( 1+R/100)n
➡️A = 31250(1+8/100)3
➡️A = 31250*108/100*108/100*108/100
➡️A = ₹ 39,366
➡️CI = A - P
➡️CI = 39,366 - 31250
➡️CI = ₹8,116
✌️ I THINK IT HELPED YOU ✌️
➡️Here is your SOLUTION ⤵️
➡️A = P( 1+R/100)n
➡️A = 31250(1+8/100)3
➡️A = 31250*108/100*108/100*108/100
➡️A = ₹ 39,366
➡️CI = A - P
➡️CI = 39,366 - 31250
➡️CI = ₹8,116
✌️ I THINK IT HELPED YOU ✌️
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