Math, asked by assamfactsof, 1 day ago

Find the amount and compound intrest on ₹8,500 at 7.9 % per annum for 3 years compounded annually.

Answers

Answered by Siddhantghanekar12

1

Answer :

Interest Earned ₹ 2,177.83

Principal Amount ₹ 8,500

Total Value ₹ 10,677.83

Answered by vanibedar17

1

Answer:

amount =10677.3rs & interest=2177.8rs

Step-by-step explanation:

principal=8500rs
rate per annum =7.9%&time =3years
then , amount =p[ (100+rate%)/100]^time
amount =[8500*107.9*107.9*107.9]/100
=10677.8rs
now , interest =amount - principal
= 10677.8- 8500
interest =2177.8rs

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