Question

find the amount and compound interest on rupees 15000 compounded annually the rate of interest being 5% 8% and 10% respectively for three successive year.

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Answer 1

Answer:

Amount on 5% per year = 15000(1+5/100)^2 = 16537.5

CI = 16537.5-15000 = 1537.5

Amount on 8% per year = 15000(1+8/100)^2 = 17496

CI = 17496-15000 = 2496

Amount on 10% per year = 18150

CI = 18150-15000 = 3150

Answer 2

Answer:

your answer is

3,889.20

Step-by-step explanation:

hope it helps you...