1. Find the compound interest on ₹ 90,000/- for 3 years at the rate of 10% per annum compounded annually. About the author Samantha
Answer: 29790 Step-by-step explanation: A = P ( 1 + R / 100 ) ^3 A = 90000 ( 1 + 10 / 100 ) ^3 A = 90000 ( 11 + 10 ) ^3 A = 90000 ( 11 + 10 ) ( 11 + 10 ) ( 11 + 10 ) A = 119790 CI = A – P CI = 119790 – 90000 = 29790 PLEASE LIKE and PLEASE MARK BRAINLIEST Reply
Answer:
29790
Step-by-step explanation:
A = P ( 1 + R / 100 ) ^3
A = 90000 ( 1 + 10 / 100 ) ^3
A = 90000 ( 11 + 10 ) ^3
A = 90000 ( 11 + 10 ) ( 11 + 10 ) ( 11 + 10 )
A = 119790
CI = A – P
CI = 119790 – 90000
= 29790
PLEASE LIKE and PLEASE MARK BRAINLIEST