if ramesh invest 15000 in a bank for 50 years at 6% rate of interest what is the amount he gets after 3 years?
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2
15000+3*6% of 15000= 15000+1600=16600 approximately
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C.A. = P(1+R/100)™
=15000(1+6/100)^3
=15000*1.06*1.06*1.06
=17865.24
=15000(1+6/100)^3
=15000*1.06*1.06*1.06
=17865.24
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