Math, asked by poonambaral9686, 11 months ago

Find the amount on rs 5,000 in 3 years at 8% per annum, if interest is compounded annually

Answers

Answered by ayeshaxzuha

2

Answer:

6298

Step-by-step explanation:

amount interest for 1 year=5000×1×8÷100=5400

amount interest for 2 year=5400×1×8÷100=5832

amount interest for 3 year=5832×1×8÷100=6298.56

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