Ram borrowed a sum of 30,000 from Shyam for three years. If the rate of
interest is 6% per annum compounded annually, find the interest paid by Ram to
3.
Shyam after three years.
Answers
Answered by
1
Answer:
P+I=A=P(1+
n
r
)
nt
30000+I=30000(1+
100×1
6
)
1×3
30000+I=30000(1.06)
3
=35738.48
⇒I=5738.48Rs. I think it's help you
Similar questions