Find the difference between Ci(Compounded annually) and Sl on '2000 for 3 years at the rate of 8% per annum.
Answers
Answered by
1
Answer:
39.824
Step-by-step explanation:
CI=P [(I+i)^n-1]; SI=PTR/100
Here P=2000;i = 0.08; n=3
CI-SI
=>2000 [(1+0.08) ^3-1 ]-2000x3x8/100
=>2000 [1.259712-1]-6000x8/100
=>2000 [0.259712] - 480
=>519.424-480
=>39.824
Answered by
6
Answer:
39...............♕♕♕♕♕♕♕♕♕♕♕♡♡♡♡♡♡♡
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