Please tell me this answer.A loan of rupees 15000 was taken on compound interest.If the rate of compound interest is 12 p.c.p.a.Find the amount to settle the loan after 3 years.
Answers
Answered by
1
Answer:
PLEASE MARK MY ANSWER AS BRAINLIEST
P = ₹15000
n = 3years
R = 12%
A = P(1+R/100)^n
= 15000(1+12/100)³
= 15000(112/100)³
= 15000*112*112*112/100*100*100
A = ₹21073.92
PLEASE MARK MY ANSWER AS BRAINLIEST
Step-by-step explanation:
Similar questions