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 Rs.10000 for 3 years will be ?
Answers
Answered by
1
Answer:
R1=4 %, R2=5 %, R3=6%
According to the question
25000 units =10,000
1 unit=
10000
25000
=0.4
3938 units = 0.4×3938
=Rs.1575.20
Answered by
1
Answer:
A=p(1+r/100)^n
Step-by-step explanation:
thena=10000(1+4/100)(1+5/100)(1+6/100)
10000×26/25×21/20×53/53
11575.2
ci =a-p
11575.2 -10000=1575.2
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