Question

Find compound interest ₹4000 for 3 years at 5% per annum

Answer 1

Deposit Amount = 4000

Interest % (Per Year) = 5

Interest Frequency = Yearly

Tenure (In Months) = 48

Results:

Interest Earned = ₹ 862.03

Maturity Amount = ₹ 4,862.03

Answer 2

Answer:

Step-by-step explanation:

Hello guys

Principle =4000 rupees

Rate= 5%

Time =3 years

Compound interest =PRT/100

=(4000X5X3)/100

=(4000X15)/100

=60000/100

=600 rupees....

Hope you will understand easily

Thank u