Math, asked by tanmaysaini2722, 2 months ago

Simon borrowed 1,000 for 3 years at 5% compound interest rate. How much did he owe after 3 years?

Answers

Answered by mchakrabortyvis

3

Answer:

check it below:

Step-by-step explanation:

Given; Principle=1000

Time=3 yrs

Rate=5%

Therefore ,SI=( P*R*T)/100

SI= (1000*3*5)/100

SI=150

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