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17. Find the amount to be paid at the end of 3 years, if Principal is ₹2400 at 15p.a plz tel step by step explanation

Answer»

<P>Step-by-step EXPLANATION:

Given;

P = 2400

T = 3 years

R = 15 %

A = P (1+R/100)^T

A = 2400 ( 1+ 15/100)^3

A = 2400 ( 115/100 ) ^3

A = 2400 × 115/100 × 115/100 × 115/100

A = 24×115×115×115/10000

A = 36501000/10000

A = 3650.1

Hope it helps!!



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