Question

Find the amount and compound interest on ₹15000 compounded annually, the rate of interest being 5%, 8%, and 10%, respectively, for 3 successive years. PLEASE FIND ANSWER​

Answer 1

Answer:

13124=4

4e3rirr=2

31r19r0-

412f

pi-x

eifv

Step-by-step explanation:

Answer 2

amount = Rs. 15000(1+5/100)(1+8/100)(1+10/100)

= Rs. 15000(21/20)(27/25)(11/10)

= Rs. 3×21×27×11

= Rs. 63×297

= Rs. 18711