If the compound interest rate is 4% in the first year, 5% in the second year and 6% in the third year So what will be the 3 year compound interest of ten thousand rupees?
Answers
Answered by
0
Answer:
Correct Answer is 1575.20
Step-by-step explanation:
If the rate of interest be 4% per annum for first year, 5% per annum for second year and 6% per annum for third year, then the compound interest of 10000 Rs. for 3 years will be :
[A]1575.20 Rs.
[B]1600 Rs.
[C]1625.80 Rs.
[D]2000 Rs.
1575.20 Rs.
Similar questions