Question

find the amount if p= 8000 r=10 percent t=4 years ​

Answer 1

Answer:

Step-by-step explanation:

It is given that  

Principal (P) = 8000

Rate of interest (r)= 10% p.a.

Period (n) = 4 years  

We know that

Amount =  P(1+r/100)  

n

 

Substituting the values  

=8000(1+10/100)  

4

 

By further calculation  

= 8000×11/10×11/10×11/10×11/10

= 11712.80

Here  

CI = A - P

Substituting the values  

= 11712.80−8000

= 3712.80

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