Question

The amount of a certain sum at compound
interest for 4 yr at 10% in 4410. The sum is​

Answer 1

Answer:

Rs. 3012.0893382

Step-by-step explanation:

At first, let the principal (P) be Rs.x.

Here, rate of interest (R) is 10% and time in years (n) is 4 years.

Then putting the values in formula,

Amount = P( 1+ R/100)whole to the power n.

= x( 1+10/100) whole to the power 4

= x( 11/10) whole to the power 4.

now, by equation, we can derive that

X= Rs. 3012.0893382