Math, asked by arhaambelal, 3 days ago

The price of a plot increase at a constant rate of 5% every year. Find its expected price after 3 years of the present price is ₹200000

Answers

Answered by souryaagarwalavis
3

formula,

Future price = Present Price × (1+ r/100)^

time

= 200000 X (1+ 5/100)^3

= 200000 X (105/100)^3

= ( 200000 × 105 ×105 ×105)/ 100x 100 x 100)

= 231525

Attachments:
Answered by vishalmaknerollnoc54
0

Answer:

230000

Step-by-step explanation:

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