Question

Find the difference between CI (compounded annually) and Si on ₹2000 for 3 years at the rate of 8% per annum​

Answer 1

Answer:

Step-by-step explanation:

Ci -si=p(1+r/100)^t

Ci-si=2000(1+8/100)^3

Ci-si=2000×(108×108×108)/1000000

Step-by-step explanation:

Answer 2

Answer:

i Step-by-step explanation:

Ci -si=p(1+r/100)^t

Ci-si=2000(1+8/100)^3

Ci-si=2000×(108×108×108)/1000000