Question

find the amount to be paid at the end of 3 years if principle =Rs 1200 at 12%p.a.

Answer 1

sp)=p*r*t/100
1200*12*3/100=₹432
a=p+si
a=1200+432=1632
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Answer 2

Amount to be paid=P(1+r/100)to the power n
=Rs.1200(1+12/100)whole cube
=Rs.(1200*112*112*112)/(100*100*100)
=Rs.1,685.9136