Math, asked by ashishsinghh985, 2 months ago

Find the sum of money which amounts to 13,310 in 3 years at the
rate of 10% per annum compounded annually.​

Answers

Answered by mb10702912
6

Answer:

rs. 10,000

Step-by-step explanation:

A= P(1+\frac{r}{100})^{n}

A=P(1+\frac{10}{100})^{3}

A=P(\frac{100}{100} +\frac{10}{100})^{3

A=P(\frac{11}{10} )^{3}

13310=P\frac{11^3}{10^3}

P= \frac{13310 * 10 * 10 * 10}{11 * 11 * 11}

P= 10 * 10* 10 * 10 = 10,000

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