Math, asked by mukulshakya7895, 1 year ago

What sum will become 9.261 in 3 years at the rate of 5% per annum compound interest?

Answers

Answered by haridasan85

2

Answer:

A = P(1+r/100)n

9261=P (I +5/100) 3

P =9261 /( 1.05) 3=8OOO

Sum=Rs 8000

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