Question

principal $5000 rate 10% time 3years compound interest

Answer 1

Given Principal p = 5000

Given Rate of interest r = 10%.

Given Time n = 3 years.

We know that A = P(1 + r/100)^n

= >  5000(1 + 10/100)^3

= > 5000(1 + 1/10)^3

= > 5000(11/10)^3

= > 5000(1331/1000)

= > 6655.


We know that Compound interest = Amount - Principal

                                                          = 6655 - 5000

                                                          = 1655.



Therefore the compound interest = 1655.



Hope this helps!

Answer 2

Ans will be 3669....
I hope u got it
thanx