Question

Find the amount and compound interest on ₹5000 for 3 years at 11% per annum

Answer 1

Answer:

Amount =6838.16

Step-by-step explanation:

By using the formula $P(1+\frac{R}{100} )^T$

P is principal

R is rate T is time

Answer 2

6838.16, 1838.16

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