Question

find tha amout of rs 1000 @ 4% per annum compound interest for 3 years

Answer 1

p=1000
r=4%
n= 3 years
A =p (1+r/100)^n
A =1000(1+4/100)^3
= 1000 (1+1/25)^3
= 1000(25+1/25

$a = p(1 + r \div 100){3}$