Question

Rohan deposited 8,000 with a finance company for 2 years at an interest of 15% per annum. What is the
compound interest that Rohan gets after 3 years?​

Answer 1

Answer:

4167

Step-by-step explanation:

A=8000*[1+0.15]^3-8000

Int=8000*1.520875-8000

=12167-8000

=4167