what is the compound interest for 3 year on rupees 4500 at 6.25 percent per annum
(please tell me what is it's answer
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Answered by
1
Answer:
Principle=Rs.4500
n=3 years
R=6.25%
Amount=P(1+R/100)^n
=4500(1+6.25/100)³
=4500(106.25/100)³
=4500(1.19)
=4500.19
compound interest=Amount-principle
=4500.19-4500
=0.19
Answered by
0
Answer:
0.19
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