Question

the simple interest earned on a sum of Rs 4500 for 3 years at the rate of 5% p.a find the compound interest for the same sum if the compound annually at the same rate for the same time​

Answer 1

Step-by-step explanation:

!principal=4500

rate=5

time=3year

Amount=P (1+r/100)^3

4500 (1+5/100)^3

=5209.31

CI=5209.31-4500

=709.31

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