Principal =rs.5000, time = 3 year's, rate = 12%p.a
Answers
Answered by
17
Principal Amount= P =5000
Time = n = 3 years
Rate of interest Per Annum = i = 12%p.a
Compounded Amount = P(1+i)^n
= 5000(1 + 12/100)^3
=5000(1 + 0.12)^3
=5000(1.12)^3
=5000(1.404928)
=7024.64
Time = n = 3 years
Rate of interest Per Annum = i = 12%p.a
Compounded Amount = P(1+i)^n
= 5000(1 + 12/100)^3
=5000(1 + 0.12)^3
=5000(1.12)^3
=5000(1.404928)
=7024.64
Answered by
0
solution S.I.=Principal × Rate % Time / 100 , S.I. = 5000×12 ×3 /100 , cut 00of 100 to 5000 , then 50×12×3=Rs.1800 ,. Amount= Principal + S.I. , 5000 + 1800=6800
Similar questions