find the compound interest on Rs 12,000 for 3year at 10% per annum compounded annually?
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Answered by
2
Answer:
8748 is the answer.
Step-by-step explanation:
12×90×90×90/100
12×90×9×9
108×81
8748.
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Answered by
0
Answer:
3,972
Step-by-step explanation:
A = P * [1 + r / 100]raised to the power T
A = 12,000 [1+10/100] [1+10/100]
A = 12,000 [1+1/10] [1+1/10]
A = 12,000 [11/10] [11/10]
A = 12 * 11 * 11 (After Cancellation)
A = 15,972
Therefore,Compound Intrest = A - P
15,972 - 12,000 = 3,972
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