Question

find the amount of rupees 8000 438 3 years compounded annually at 10% per annum also find the compound interest​

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

2664945.9

Step-by-step explanation:

 A = P ( 1 + R / 100 ) ^ T

          = 8000438 ( 1 + 10 / 100 ) ^ 3                  LCM= 100

          = 8000438 ( 100 / 100 + 10 / 100 ) ^ 3

          = 8000438 * 110 / 100 * 110 / 100 * 110 / 100

          = 8000438 * 1.1 * 1.1 * 1.1

          = 10,665,383.897

          = 10,665,383.9

    THEREFORE CI = AMOUNT - PRINCIPLE

                                = 10665383.9 - 8000438

                                = 2664945.9

HOPE IT HELPS

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