Question

what sum will become 13 310 after 3 year 10%p.a ,when the interest is compounded annually please give answer. = Answer came = 10,000
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Answer 1

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Answer 2

Answer:

10,000

Step-by-step explanation:

let principle be p

r=10%

t=3yrs

sum=p(1+r/100)^ n

13310=p(1+10/100)^3

13310=p(1+1/10)^3

13310=p(11/10)^3

13310=p*11/10*11/10*11/10

p=10000