Math, asked by kpaul92, 1 year ago

find the compound interest at 4% P A for 3 years on the principle which gives the simple interest of 2400 at the same rate and for the same time

Answers

Answered by Sreekar273

3

SI = PRT/100

therefore, P=SI*100/RT

P= 20,000

CI = P(1+r/100)^t

CI = 18170.88

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