Question

find out compound interest on RS 800 for 3 years at 5/per annum​

Answer 1

Answer:

126.1

Step-by-step explanation:

PLEASE MARK MY ANSWER AS BRAINLIEST

P=800

R=5%

T=3 YEARS

Amount= P [ 1 +(R/100) ]^T

            = 800 (105/100)^3

            = 800 x 21/20 x 21/20 x 21/20

            =926.1

Now, Compound interest= Amount - Principle

                                          = 926.1-800=126.1

Answer 2

Answer:

Step-by-step explanation:

Viral deposits Rs 800 at end of each quarter for 3 years giving 8 % per annum compound interest. Find its final value.