Rohit deposit 8000 with a finance company for 3 year at an interest of 12%bper annum . what the compound interest that rohit gets after three years
Answers
Answered by
2
Answer:
Rs 3239.424
Step-by-step explanation:
We know that amount A at the end of n years at the rate R% per annum is given by A=P (1+R/100)^n
Given
P = Rs 8000
R = 12% p.a.
n = 3 years
Now
A=8000(1 + 12 / 100)^3
A=8000(1.12)^3
=Rs 11,239.424
and
CI = A - P
= Rs 11,239.424 - 8000
= Rs 3239.424
(It was very hard question,so mark it brainliest if helped)
hope it helps
Answered by
3
Rohit deposit 8000 with a finance company for 3 year at an interest of 12%per annum . what the compound interest that rohit gets after three years
Answer:
A=P (1+R/100)^n
so the answer will be Rs 929
(i am not sure, but hope it helps)
dakshnainwal:
sorry,but your answer is wrong
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