Find the compound interest on Rs. 31,250 at 8% p.a for 3 years compounded annually? . *
Answers
Answered by
2
Answer:
Amount=P[1+100]r100]n
A=31250[100+8100]3100+8100]3
=31250×108100×108100×108100×108100×108100×108100
=31250×275×275×275×275×275×275
=Rs.39366
CI=A-P
=39366-31250
=Rs.8116
Answered by
1
Answer:
hey mate here is ur ans
Step-by-step explanation:
p = 31250
r = 8%
t= 3
amount = p(1+r/100)^t
31250(1+8/100)^3
31250(1+0.08)^3
31250(1.259712)
39,366
CI= A-P = 39366-31350 = 8116
hope it help u
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