Question

major deposited ratio of 64000 in a post office for 3 years compounded annually at 7 to 1 upon 12 percentage per annum what amount will be received on maturity

Answer 1

you just apply the formula of compound interest that is
A= p(1+RATE ÷ 100)WITH THE POWER
THEN FIRST TAKE 7 AS INTEREST FOR TAKING AMOUNT OF COMPOUNDED ANNUALLY ON 7 %
THAN WITH SI SYSTEM TAKE OUT OF 1 BY 12 YEARS AND ADD THEM BOTH


SORRY!!! IF I HAVE MISSED ANY STEP BUT ACCORDING TO ME ITS THIS ONLY BUT YA I AM NOT SO SURE ABOUT THIS ANSWER SO CONSULT 2 YOUR TEACHER ALSO