Math, asked by asimchaudhary7, 16 days ago

find the amount and compound interest on rupees 40000 in 3 years at 7 1/2
percentage

Answers

Answered by arjun6355m

0

Answer:

➡️present value = 40000

➡️n of year = 3

➡️i = 7.5/100 = 0.075

➡️future value = ??

Fv = Pv (1+i)ñ

= 40000 (1+0.075)³

= 40000 (1.075)³

= 40000(1.242296)

= 49691.88

hope its helpful

stay safe..

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