Question

If P = 20000 R=10 p.c.p.a and N= 3 years
Find Amount and compound interest​

Answer 1

Answer:

i=6000

a= 26000

Step-by-step explanation:

P = 20000

R = 10 p. c. p. a.

N = 3 years

I = ?

A = ?

= I =P×R×N

_______

100

= I = 20000×10×3

--------------------

100

= I = 200×10×3

= l = 6000

A = P+I

A= 20000 + 6000

A = 26000

I think answer is correct

because I am 7th std