Monica borrowed rupees 4096 from Shalini for 3 years at 25upon 4 per annum find the amount and the compound interest paid by her to Shalini after 3 years if the interest is compounded annually
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104
Principal=Rs.4096
Time= 3years
Rate= 25/4% p.a.
Amount= P (1+R/100)^T
= 4096 (1+25/4*100)^3
= 4096 (1 +1/16)^3
= 4096 (17/16)^3
= 4096 x 17/16 x 17/16 x 17/16
= Rs.4913
CI= (Amt-P)
= 4913-4096
= Rs.817
@Aryan
Time= 3years
Rate= 25/4% p.a.
Amount= P (1+R/100)^T
= 4096 (1+25/4*100)^3
= 4096 (1 +1/16)^3
= 4096 (17/16)^3
= 4096 x 17/16 x 17/16 x 17/16
= Rs.4913
CI= (Amt-P)
= 4913-4096
= Rs.817
@Aryan
Answered by
50
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