Priyanka deposited rs 6500 in a bank which pays 9% per annum interest.She with drawers rs 1250 after the end of the first year.What amount will she get after three years ?
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sorry but i dont know
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Answer:
₹ 7410.45
Step-by-step explanation:
Principle = rs 6500
rate = 9% p.a
amount after one year = 6500+prt/100
= 6500 +(6500*9*1/100)
= rs 7085
amount withdrawn = rs 1250
money remaining = 7085 - 1250
= rs 5835
amount after 3 years = 5835 + prt/100
= 5835 +(5835*9*3/100)
= 5835 + 1575.45
= rs 7410.45
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