kartikbudde
kartikbudde kartikbudde
  • 24-02-2021
  • Law
contestada

FIND THE COMPUND INTEREST ON THE SUM OF ₹18000 FOR 3 YEARS AT THE RATE OF 8% PA​

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ceciliazimba90
ceciliazimba90 ceciliazimba90
  • 24-02-2021

Answer:

3779.116

Explanation:

1, 18000, 18000*8/100*1=1440, 18000+1440= 19440

2, 19440, 19440*8/100*1=1555.2, 19440+1555.2=20995.2

3, 20995.2, 20995.2*8/100*1=1679.616,20995.2+1679.616= 3779.116.

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rayr4457 rayr4457
  • 24-02-2021
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