Find the compound interest on 3000 at the rate of the 6 %per annum for 1 and half years compounded
dishasatija:
compouned what quaterly or half yearly
Answers
Answered by
4
p=3000
r=6%
t=3 yrs
a=p[1+r/100]^n
a=3000[1+6/100]^3
a=3000*106/100*106/100*106/100
a=3573.048
c.i.=3573.048-3000
c.i.=ru 573.048
r=6%
t=3 yrs
a=p[1+r/100]^n
a=3000[1+6/100]^3
a=3000*106/100*106/100*106/100
a=3573.048
c.i.=3573.048-3000
c.i.=ru 573.048
Answered by
1
Tell the question properly...
is it compounded half yearly....or,.,,,,,,,,,,
compounded anually.......I will solve for u.....
comment about it........
is it compounded half yearly....or,.,,,,,,,,,,
compounded anually.......I will solve for u.....
comment about it........
Similar questions