Question

Monoj deposited rupees 15000 6:25 in a bank at 8% per annum compounded annually how much amount will he get after 3 years

Answer 1

Answer:

18895.68

Step-by-step explanation:

amount=p(1+r/100) power t

=15000 (1+8/100) power 3

=15000×108/100×108/100×108/100

=18895.68