Saved Bookmarks
| 1. |
the Santo typist deposits 10000 in a bank for a period of 3 years at 12 per annum compound interest the interest occurred to his after manually would be:. |
|
Answer» P= Principal A= Amount R= Rate of Interest Step-by-step explanation: A =P (1 + R/100)^N A =10000 ( 1+ 12/100)^3 A =10000( 25+3/25)^3 A =10000 × 28/25 × 28/25 × 28/25 A =16 × 28 × 28 × 28/25 A =351232/25 A = 14049.28 |
|