Question

please answer my question ​

Answer 1

Answer:

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Answer 2

(a) Rs 10,800 for 3 years at

% per annum compounded annually.

Answers (1

Answered 1 year, 9 months ago

Given,

Principal,P = Rs 10800

Compound Interese Rate,R =

p.a.

Time period,n = 3 years.

We know,

Amount when interest is compounded annually, A =

Therefore, the required amount =

= Rs. 15377.34

And Compound Interest, CI = Amount - Principal = Rs. (15377.34 - 10800) = Rs. 4577.34