Math, asked by declon007, 2 months ago

find compound interest if principal is 25000 and amount 37250

Answers

Answered by padmanabhajuad

4

Step-by-step explanation:

Given, Principal =Rs. 25,000

Time =3 years

Rate =6%

Amount compounded annually =25000(1+

100

6

)

3

=25,000×

100

106

×

100

106

×

100

106

=29,775.4

Compound interest=Rs. 29,775.4−Rs. 25,000

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