find the amount of rupees 2,400 after 3 years when the interest is compounded annually @ 20% per annum
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Hi buddy
the answer for this question is
the formula for this is principal *time*rate of interest by 100
2400*3*20 by 100
=1440 is the simple interest
and the amount is principal + simple interest
=₹3840 is the answer
the answer for this question is
the formula for this is principal *time*rate of interest by 100
2400*3*20 by 100
=1440 is the simple interest
and the amount is principal + simple interest
=₹3840 is the answer
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