Find the amount to be paid at the end of 3 years in each of the following cases.
i. P = Rs 15000 at 10.5% p.a
ii. p = Rs.18500 at 8.5% p.a
Answers
Answered by
4
Answer:
4725
4717.5
Thats ur answer bro Mark it brainliest
Answered by
0
Step-by-step explanation:
A=p(1+r/100)n
Given,
p=Rs 15000 rate 10.5%p.a
and n/time =3 years
A=15000(1+10.5/100)³
A=15000(100+10.5/100)³
A=15000(110.5/100)³
A=15000×110.5/100×110.5/100×110.5/100
A=20238489375/1000000
A=20238.489375
and according to it you can solve another
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