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CBSE Class 8 Answered

prena borrowed
Asked by sainikulwant39 | 28 Sep, 2020, 12:00: PM
Expert Answer
Compoun interest can be calculated as follows:
Compount space Interest space equals space straight A space minus space straight P comma space where space straight A equals straight P open square brackets 1 plus straight r over 100 close square brackets to the power of straight n

Compound space interest space equals space straight P open square brackets 1 plus straight r over 100 close square brackets to the power of straight t minus straight P equals 5000 open square brackets 1 plus 10 over 100 close square brackets cubed minus 5000 space equals space Rs space 1655
Answered by Renu Varma | 29 Sep, 2020, 11:46: AM
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