p=6000 t=3 r=2% a=? find ci
Answers
Answered by
9
Answer :
Amount = 6000[1+2/100]^3
A = 6000 (102/100)×(102/100)×(102/100)
A = 6367.24
CI = 367.24 rs.
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Answered by
0
Answer:
A = P(1+r/100)^t
A = 6000(1+2/100)^3
A = 6000(1.02)^3
A = 6000 *1.061
A = 6366
Hence CI = 6366-6000 = 366
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