Math, asked by grapes, 1 year ago

Find compund interest for:
3 years
rate 16 percent and
principal 4000

Answers

Answered by helpingbuddy40
1
a=p*(1+1/r)^n
p=4000
r=16
n=3
a=4000*(1+1/(16/100))^3
solve and get the value of a(amount)
substract it from p to get COMPOUND INTEREST.
feel free to ask anything.

grapes: could you solve it, the calculation part is difficult
helpingbuddy40: 4000*(17/16)^3
helpingbuddy40: 4000*17*17*17/(16*16*16)
helpingbuddy40: wait
helpingbuddy40: 4000*116*116*116/(16*16*16)
helpingbuddy40: multiply and calculate
grapes: thanks
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