Find the amount and compound interest on Rs.31250 for 3 years at 12% per annum
compounded annually
plz ans fast
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Answered by
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From the above question, we can derive the following information...
Principle = Rs. 31250
Time = 3 years.
R = 12 % p.a
Amount = 31250 × [ 1.12 ] ^ 3
=> 31250 × 1.404928
=> Rs. 43904.
Now, the compound interest => 32150 ( 1.404928 - 1 )
=> 31250 × 0.404928
=> Rs. 12654.
Answered by
0
Answer:
Rs.12654
Step-by-step explanation:
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