what will be the compound interest obtained on an amount of rs.12000 @ 9 p.c.p.a. in 7 years?
Answers
Answered by
1
Answer:
P=12000
R=9%
F=n=3 year
A=P(1+
100
R
)
n
=12000(1+
100
9
)
3
=12000(
100
109
)
3
=12000×
100
109
×
100
109
×
100
109
A=15540.348
C.I=A.P
C.I=15540.348−12000
C.I=354.348
Step-by-step explanation:
please mark me as brainliest please
Similar questions