what sum of money will amount to rupees 8718.05 at the rate of 10% per annum compounded annually in 3 years
krishna2560:
it is solved by me
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Answered by
5
Answer:
Let the sum be x.
Amount= Rs 8718.05
x(1 + 10/100)³=8718.05
x*(11/10)³=8718.05
x=8718.05*10*10 / 11*11
x=Rs. 7205
so sum = Rs 7205
Recheck your answer, you had taken power as 2 but it is actually 3
and it's answer will be 6550 .
Answered by
0
Answer:
6550 is the answer accordind to me as my book has ans behind
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