Question

what sum of money will amount to 8,718.05 at the rate of 10% compounde annually for 3 years do atep by step i will make you as branlist​

Answer 1

Step-by-step explanation:

• let be principal=P
• amount=8718.05
• rate=10% p.a.

time:3year

A=P(1+R/100)^T

8718.05=P(1+10/100)^3

8718.05=P(11/10)^3

8718.05=p(1331/1000)

8718.05=p*1331/1000

8718050/1331=P

P=6550

Answer 2

Answer:

ans is 6550

Step-by-step explanation:

steps ate given in picture