Monika borrowed rupees 4096 from Saloni for 3 years at 25 /4%per annum. Find the amount and compound interest paid by her to Saloni after 3 years if the interest is compounded annually
Answers
Answered by
3
amount = 4096 ( 1+ 25÷4÷100)power3
amount = 4913
CI = 4913- 4096 = Rs 817
amount = 4913
CI = 4913- 4096 = Rs 817
Similar questions