QUESTION 14MARKS: 1.5THE FUTURE VALUE AFTER 3YEARS OF RS. 20,000 TODAY,TAKING 10% P.A. COMPOUNDINTEREST RATE, IS RS. About the author Vivian
STEP BY STEP INSTRUCTIONS AND EXPLAINED Solution : A=P(1+100π)n P=20,000 r=10% n=3 years A=20,000(1+10010)3 =20,000×100110×100110×100110 A=26,620 C.I=A.P =26,620−20,000 =6,620Rs. I HOPE MY ANSWER IS HELPING FULL FOR U ANSWER GIVEN BY DIVYA ARORA GARG Reply
STEP BY STEP INSTRUCTIONS AND EXPLAINED
Solution :
A=P(1+100π)n
P=20,000
r=10%
n=3 years
A=20,000(1+10010)3
=20,000×100110×100110×100110
A=26,620
C.I=A.P
=26,620−20,000
=6,620Rs.
I HOPE MY ANSWER IS HELPING FULL FOR U
ANSWER GIVEN BY DIVYA ARORA GARG
Answer:
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Explanation:
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