find the amount and compound interest on asum of 15625 rupees at 4%per annum for 3years compounded annually
Answers
Answered by
3
P=15,625
R=4% p.a
T=3
A=P(1+R/100)^N
A=15625(1+4/100)^3
A=15625×104/100×104/100×104/100
A=17,576
Compound interest=17,576-15625
=1,951
ANSWER=17576,1951
HOPE IT HELP U....
R=4% p.a
T=3
A=P(1+R/100)^N
A=15625(1+4/100)^3
A=15625×104/100×104/100×104/100
A=17,576
Compound interest=17,576-15625
=1,951
ANSWER=17576,1951
HOPE IT HELP U....
Answered by
5
I hope it will helps you .
Attachments:
Similar questions