Ram borrowed a sum of тВ╣ 30000 from shyam for 3 years. If the rate of interest is 6%per annum compounded annually, find the interest paid by ram to shyam after 3 years
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Answered by
5
6% per annual. that's means per year.
so 3 year interest is 18%
than. 30000 18% is 5400
so 3 year interest is 18%
than. 30000 18% is 5400
Answered by
13
the interest paid by ram to shyam after 3 year is 5,730.48 rupees
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