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The amount of a certain sum at compoundinterest for 4 yr at 10% in 4410. The sum is |
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Answer» Answer: Rs. 3012.0893382 Step-by-step explanation: At first, let the principal (P) be Rs.x. Here, rate of interest (R) is 10% and time in years (n) is 4 years. Then PUTTING the values in FORMULA, Amount = P( 1+ R/100)WHOLE to the power n. = x( 1+10/100) whole to the power 4 = x( 11/10) whole to the power 4. now, by equation, we can derive that X= Rs. 3012.0893382 |
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