find the amount and compound interest on rs 5000 at 6%p.a for 3years
Answers
Answered by
1
Answer:
Amount= 5955.08,CI= 955.08
Step-by-step explanation:
Formula for Ci
Amount=principal (1+rate/100)^time
So According to the question
A=5000*106/100*106/100*106/100
A=Rs 5955.08
CI= A-P
CI = 5955.08-5000
CI = RS 955.08
hope it'll help you
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Answered by
2
⊹ANSWER
Amount == Rs 5955.08
Compund Interest == Rs 955.08
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⊹Solution ➟ Kindly Refer Attachment
Attachments:
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