find the amount and compound interest on 4000 for 3 year at 5 persant per annum
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Answered by
1
Answer:600
Step-by-step explanation:
Answered by
3
Answer:
P = 4000 ; T = 3 years ; R = 5% p.a.
A = 4000 × [ 1 + 5/100 ] ^ 3
A = 4000 × 21/20 × 21/20 ×21/20
A = 4 × 21 × 21 × 21 / 8
A = 21 × 21 × 21 / 2
A = ₹ 4630.5
CI = ₹ ( 4630.5 - 4000 )
CI = ₹ 630.5
Step-by-step explanation:
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