Math, asked by pavithravelayutham18, 6 months ago

If the annual interest for Rs 15,625 is 8% then see the compound interest for 3 years​

Answers

Answered by princeverma90
0

Step-by-step explanation:

We know,

Amount after 3 years =P(1+

100

r

)

3

=15625(1+

100

8

)

3

=15625(1+

25

2

)

3

=15625(

25

27

)

3

=15625×

25

27

×

25

27

×

25

27

= 19,683

Now, Compound interest =A−P=19,683−15,625

= 4,058

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