Question

Ramesh despoited 1,250 in this saving bank account . Find the compound interest earned by him after 3years, if tha rate of interest is 5% per annum and interest is payable annually ​

Answer 1

Answer:

Step-by-step explanation:

A=P (1 + r/n)^(nt)

p = 1250 r =5 t = 3 n = 3

A = 1250(1+ 5 /3)^(3*3)

A =1447.03

C.I = 197.03

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