Find the sum which will amount to rs. 9261 after 3 years compounded at the rate of 5%
Answers
Answered by
6
a/q
9261= x (1+5/100)^3
9261=x (105/100)^3
9261=x (21/20)^3
x= 9261×20×20×20/21×21×21
=9261×8000/9261
=8000
9261= x (1+5/100)^3
9261=x (105/100)^3
9261=x (21/20)^3
x= 9261×20×20×20/21×21×21
=9261×8000/9261
=8000
Similar questions