Math, asked by manzorj25, 1 month ago

Find the compound interest when Php 400.00 is invested at 7% for 3 years?

Answers

Answered by anmita18

1

Answer:

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A = P(1+R/100)N

= 400(1+7/100)³

= 400(107/100)³

= 400*107*107*107/100*100*100

A = ₹490.0172

CI = A-P

CI = 490.0172 - 400

CI = ₹90.0172

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