Question

Find the amount of ₹ 8000 for 3years compounded annually at 5 % per annum. Also find the compound interest​

Answer 1

Here, P= Rs. 8000,R=10% per annum and n=3 years

Thus, amount after 3 years = Rs. 1648.

And compound interest = Rs. (10648−8000)=2648.

sorry formula writen nahi ho pa raha hai