Question

If the amount after 3 years at the rate of 8.5% p.a. compounded annually is ₹79507 find the principal.​

Answer 1

Answer:

Step-by-step explanation:

A = P(1+R)ⁿ

79507 = P(1+8.5/100)³

79507 = P(1.085)³

P(1.28) = 79507

P= ₹62246.67

Answer 2

Answer:

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