Remya borrowed rs.60,000 from a bank at the interest rate of 20% p.a. compounded annually. what would be the amount payable to the bank after 3 years?
please help with a proper written solution.
Answers
Answered by
1
Answer:
103680
Step-by-step explanation:
GIVEN:P=₹.60000;R=20%;t=3yrs
A=P(1+R/100)^n
>>>>= 60000(1+20/100)^n
=60000*216/125
=103680
Answered by
1
Step-by-step explanation:
answer is 50520.......okok.
Attachments:
Similar questions