calculate the amount and compound interest on rs.10800 for 3 year’s at 12.5% per annum compound anually About the author Charlotte

Question:- Calculate the amount and compound interest on rs.10800 for 3 year’s at 12.5% per annum compound anually. To Find:- Find the amount and the compound interest. Solution:- [tex]\tt\implies \: A = 10800 \times { ( \dfrac { 1 + 12.5 } { 100 } ) }^{ 3 } [/tex] [tex]\tt\implies \: A = 10800 \times {1.125 }^{ 3 } [/tex] [tex]\tt\implies \: A = 15377 [/tex] Now , We have to find the compound Interest:- [tex]\tt\implies \: Interest = 15377 – 10800 [/tex] [tex]\tt\implies \: Interest = 4577 [/tex] Hence , Compound interest is 4577 Reply

Answer: Amount = Rs 15377 Compound interest = Rs 4577 Step-by-step explanation: Given that: Time = 3 years Principal = Rs 10800 Rate of interest = 12.5% per annum To Find: Amount Compound interest Formula used: A = P(1 + R/100)ᵀ CI = A – P Where, P = Principal R = Rate of interest T = Time A = amount CI = Compound interest Finding the amount: ⟶ A = 10800(1 + 12.5/100)³ ⟶ A = 10800(1 + 0.125)³ ⟶ A = 10800(1.125)³ ⟶ A = 10800 × 1.125 × 1.125 × 1.125 ⟶ A ≈ 15377 ∴ Amount in compound interest = Rs 15377 Finding the compound interest: ⟶ CI = 15377 – 10800 ⟶ CI = 4577 ∴ Compound interest = Rs 4577 Reply

Question:-:-To Find:-Solution[tex]\tt\implies \: A = 10800 \times { ( \dfrac { 1 + 12.5 } { 100 } ) }^{ 3 } [/tex]

[tex]\tt\implies \: A = 10800 \times {1.125 }^{ 3 } [/tex]

[tex]\tt\implies \: A = 15377 [/tex]

Now ,

We have to find the compound Interest:-[tex]\tt\implies \: Interest = 15377 – 10800 [/tex]

[tex]\tt\implies \: Interest = 4577 [/tex]

Hence ,

Answer:Step-by-step explanation::Given that:To Find:Formula usedWhere,:Finding the amount⟶ A = 10800(1 + 12.5/100)³

⟶ A = 10800(1 + 0.125)³

⟶ A = 10800(1.125)³

⟶ A = 10800 × 1.125 × 1.125 × 1.125

⟶ A ≈ 15377

∴ Amount in compound interest = Rs 15377

:Finding the compound interest⟶ CI = 15377 – 10800

⟶ CI = 4577

∴ Compound interest = Rs 4577