Math, asked by sailajakalapala55, 11 months ago

principal is equal to 25000 rate of interest is equal to 4% time is equal to 3 years find the amount compounded annually​

Answers

Answered by advait251206
1

Answer:28,121.6

Step-by-step explanation:A=P(1+R/100)^n

A=25000(1+4/100)^3

A=25000(1+1/25)^3

A=25000(26/25)^3

A=25000*17576/15625

A=28,121.6

Similar questions