Math, asked by bhajans123, 10 months ago

On what sum will the compound interest at 7 1/2% per annum for three years
compounded annually be 3,101.40?

Answers

Answered by RishiHirani

13

Step-by-step explanation:

Given:P=?,R=7.5%,T=3 years,A=3101.4rs

P=A÷[(1+i)^n]

P=3101.4÷[1.075^3]

P=3101.4÷1.242296875

P=2496.505Rs

Answered by ayushdon413

16

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