Question

Find the amount and the compound interest on 18,000 for 3year at 6% per annum compounded annually

Answer 1

Answer:

Interest=Rupees 360

Amount=Rupees 18,360

Step-by-step explanation:

S.I= PRT÷100

   =18000×3×6÷100

   = 180×18

   =Rupees 360

Amount=Interest+Principle

            =360+18000

             =Rupees 18,360