Question

find the compound interest on ₹3125 for 3 years if the rates of interest for the first second and third year are 4%, 5%, and 6% respectively
please answer with the full calculation and i will mark you as the brainliest

Answer 1

l think it will help you

Answer 2

Answer:

₹492.25

Step-by-step explanation:

compound interest for 3 year on ₹ 3125 with at the @ 4%, 5% & 6%

formula: A=P(1+r/100)^n

=> ₹{3125*(1+4/100)*(1+5/100)*(1+6/100)}

=> ₹(3125*104/100*105/100*106/100)

=> ₹3617.25

NØW,

compound interest = amount – principal

=> ₹3617.25 – ₹3125

=>₹492.25

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