what will a loan of rs 15000 amount to in 3 years if compounded annually at rate of 10%p.a.
show me the full method
Answers
Answered by
9
SUBJECT .
MATH
TOPIC
INTEREST( Compound interest)
QUESTION.
what will a loan of rs 15000 amount to in 3 years if compounded annually at rate of 10%p.a.
show me the full method
ANSWER.
GIVEN.
P=15000 Rs
Time=3year
R=10% p.a
FORMULA USED
C.I= A-P
STEP 1
C.I = A-P= 19965-15000
= 4965 Rs
AMOUNT AFTER INTEREST IS = 19965 RS
MATH
TOPIC
INTEREST( Compound interest)
QUESTION.
what will a loan of rs 15000 amount to in 3 years if compounded annually at rate of 10%p.a.
show me the full method
ANSWER.
GIVEN.
P=15000 Rs
Time=3year
R=10% p.a
FORMULA USED
C.I= A-P
STEP 1
C.I = A-P= 19965-15000
= 4965 Rs
AMOUNT AFTER INTEREST IS = 19965 RS
Anonymous:
look
Answered by
2
Given,
Principal (P) = Rs 15000
Time (T) = 3 years
Rate (R) = 10% p.a.
Since compounded annually
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