Question

Find the CI on ₹875000 compound annually if the rate of interest being 2% , 4% and 5% respectively for 3 successive years.

Answer 1

Answer:109006.48

Step-by-step explanation:

Hope it’s correct

Answer 2

Answer:

formula

C.I = Amount - Principal

formula

A = P*(1+r/100)

formula

CI = principal * (1+r/100) - principal

formula

SI= P * R * T/100

A = P + SI

SI= A- P