Question

n what is the compound amount after 3 years if 25 000 is invested at 12.5 % converted annually​

Answer 1

Answer:

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Answer 2

Answer:

⇒  A=P[1+100r]n

⇒  A=Rs.25,000×(100106)3

⇒  25,000×5053×5053×5053

⇒  A=Rs.29,775.40

⇒  CI=A−P

⇒  Rs.29,775.40−Rs.25,000

∴   CompoundInterest=Rs.4775.40. 

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