Find the amount and compound interest on ¥3000 for 2 years at 10% p.a, compounded anually
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Answer:
Step-by-step explanation:
Amount=P(1+R\100)^n
C.I.=Amount- Principal
A=3000(1+10/100)^2
A= 3000(1+1\10)^2
A=3000(11\10)^2
A=3000(121\100)
A=30*121
A=3630
C.I.=3630-3000
C.I.=630
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