find the compound interest in each of the following using the formula a principal 4000 rate 6% time 3 years
Answers
Answered by
14
Answer:
Principal = Rs.4000, Rate=6%, Time =3 years
Amount = P (1+R/100)n
= 4000 (1+6/100)3
= 4000 (106/100)3
= 4000 × 106/100 × 106/100 × 106/100
Therefore, Amount = Rs.47640.64
Hence , Compound Interest = Amount - Principal
= 47640.64 - 4000
= Rs.43640.64 Answer.
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Answered by
4
Answer:
answer is 764.06
Step-by-step explanation:
P=Rs. 4000
R=6%
T=3 years
A=P(1+
100
R
)
T
=4000(1+
100
6
)
3
=4000(
100
106
)
3
=4000×
100×100×100
106×106×106
=
125
595508
=4764.064
Compound Interest=A−P
=4764.064−4000
= Rs. 764.064.
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