Math, asked by kumar90, 1 year ago

what sum of money will amounted to rupees 9261 in 3 years at 5% per annum compounded interest

Answers

Answered by Anonymous
12
Heya friend,

______________________________

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

9,261 = P(1+5/100)^3

=> 9,261 = P(100+5/100)^3

=> 9,261 = P(105/100)^3

=> 9,261 = P(21/20)^3

=> 9,261 = 9,261P/8,000

=> P = 9,261×8,000/9,261

=> P = ₹9,261

Hence, the sum is ₹8,000.



Thanks

With regards@

Tanisha
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