Question

find the amount and compound interest on a sum of ₹8000 at 5% per annum for 3 years compounded annually​

Answer 1

Answer:

amount = p(1+r/100)^n

so

8000 (1+5/100)^3

8000(1+1/20)^3

8000(21/20)^3

8000(9261/8000)

9261 =amount

now

CI = amount - principal = 9261-8000 = 1261

plz mark my answer as brainliest