Question

Solve
1) Find the compound interest if 4000 are invested for 3 years at the rate
of 12.5 p.c.p.a.​

Answer 1

Answer:

Step-by-step explanation:

Answer 2

Answer:

1695.3125 rupees.

Step-by-step explanation:

principal money=4000 rupees......(p)

time=3 years.... (t)

rate of interest per annum=12.5%.... (r)

formula for compound interest={p(1+r/100)³-p} rupeees.