Question

write the amount and ci on rs 10,000 for 3 yrs at 8,10,12% respectively

Answer 1

Answer:

☞ i) intrest = 8%

• 10000(1+0.8)³
• 10000(1.2597)
• 12597.12

☞ ii) interest = 10%

• 10000(1+0.1)³
• 10000(1.331)
• 13310

☞ iii) interest = 12%

• 10000(1+0.12)³
• 10000(1.4049)
• 14049.28

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