Question

rs 2400 for 3yrs at 5%pa compounded annually find. compound intrest earned in 3 years

Answer 1

Answer:

புரோ இது சுலபம் தா புரோ விளையாட்டு

Answer 2

Answer:

4147.20

Step-by-step explanation:

Given,

Principle (P) = 2400/-

Time (T) = 3 years

Rate of interest (R) = 20%

The formula to find out the ammount is P (1+R/100)t

Therefore, the amount = 2400 x (1+20/100)³

= 2400 x (6/5)³

= 4147.20 /- (Ans)