Question

three years ago. beeru purchased a buffalo from surjeet for Rs. 11000. what payment will discharge his debt now, the rate of interest being 10%per annum, compounded annually?​

Answer 1

A = P(1+ r/100) ^n

A = 11000 (1 + 10/100)³

A = 11000 (11/10)³

A = 11 × 11 × 11 × 11 [ all the zeros will cancel]

A = 14641

so the amount that he has to pay is 14641 rupees please mark it the brainliest

Answer 2

Answer:

refer to the attachment