Math, asked by hari4040, 4 months ago

principal amount rs 4000 and rate of interest 5% in 2 years . find the compound intrest annually

Answers

Answered by nidhu26

2

Step-by-step explanation:

P=Rs. 4000

R=6%

T=3 years

A=P(1+

100

R

)

T

=4000(1+

100

6

)

3

=4000(

100

106

)

3

=4000×

100×100×100

106×106×106

=

125

595508

=4764.064

Compound Interest=A−P

=4764.064−4000

= Rs. 764.064.

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