Math, asked by bhoomijain403, 4 days ago


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?

Answers

Answered by Anonymous
2

Answer:

Ⓡ4167

Step-by-step explanation:

P = 8000

t= 3 yrs

1 = 15%

A = 8000(1+15/100)³ - 8000

= 8000(115/100)³ - 8000

= 8000( 115³/100³ - 1)

=8000((1520875 - 1000000)/1000000)

=8000(520875/1000000)

=8((520875/1000)

=520875/125

=4167

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