find the compound intrest on 20000 per annum for 3 years
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StudyBuddy09:
yes rate is not given
15%
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Tumhe Kaise Pata Chala rate 15% hai
Answered by
2
So easy read carefully...
(P)Principal = RS. 20000
(n)Time = 3 yrs
(R)Rate = 15%
COMPOUND INTEREST
Amount = P[1+R/100]^n
=20000 [1+15/100]³
=20000[1+3/20]³
=20000[20/20+3/20]³ LCM=20
=20000[23/20]³
=20000 × (23/20) × (23/20) × (23/20)
= 30,417.5
(P)Principal = RS. 20000
(n)Time = 3 yrs
(R)Rate = 15%
COMPOUND INTEREST
Amount = P[1+R/100]^n
=20000 [1+15/100]³
=20000[1+3/20]³
=20000[20/20+3/20]³ LCM=20
=20000[23/20]³
=20000 × (23/20) × (23/20) × (23/20)
= 30,417.5
giving good answer dear... keep it up
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