Question

per annum
if the rate of extrest
is
u find the amount and compound interest
15000 for 4 year, if
the
rate of intrest is 5%. per
annum​

Answer 1

Answer:

Rs. 3,889.20 is the correct one

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Answer 2

Step-by-step explanation:

P=15000

r= 5%

t=4

Amount.. p(1+r/100)raised to n

15000(1+5/100)⁴

15000(105/100)⁴

15000 * 105/100*105/100*105/100*105/100

15*105/10*105/10*105/10*105/100

18,232.59375

Amount = 18,232.59375

C I= Amount - Principal

18,232.59375- 15000

3,232.59375

CI= 3,232.59375 Rs

hope this helps:)