find amount and compound interest of principal =5000 ,rate= 6%,time=3years
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CI = A = P( 1+R/100)^2
A = 5000(1 + 6/100)^2
5000 x 106 x 106/100 x 100
5 x 106 x 106/10
= 5,618//
CI = A - P
5618 - 5000
618//
Rushmita:
i have taken time as 2 not 3
ok
then it is going to be.....
5000 x 106/100 x 106/100 x 106/100
5955.08//
u r correct
thanks
a lot
And CI = 5955.08 - 5000 = 955.08
is ok
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