Question

find the amount of rs2400 after 3 years when the interest is compounded annually at the rate of 20% per annum​

Answer 1

Answer:

4147.2

Step-by-step explanation:

A = 2400(1 + 20/100)^3

= Rs 4147.2

OR

A = 172.8% of 2400 = 4147.2