Question

find the compund interest on ₹20,000 at 15% per annum in
$2 \times \frac{1}{4}$
years
​

Answer 1

Answer:

A=P(1+(r/100))^3

=》20000(1+(15/100))^3

=》(20000*23*23*23)/(20*20*20)

=》(5*23*23*23)/2

=》30417.5

CI=A-P

=》30417.5-20000

10417.5

Step-by-step explanation:

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Answer 2

A=P(1+(r/100))^3

Hey.

heres' your answer

=》20000(1+(15/100))^3

=》(20000*23*23*23)/(20*20*20)

=》(5*23*23*23)/2

=》30417.5

CI=A-P

=》30417.5-20000

10417.5