2. Calculate the amount and the compound interest on Rs. 64000 for 3 years at 7% per annum compounded annually.
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2. Calculate the amount and the compound interest on Rs. 64000 for 3 years at 7% per annum compounded annually.
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Given : Principal ( P ) is Rs.64,000 , Rate of Interest ( R ) is 7 % p.a. & Time ( T ) is 3 years .
Exigency To Find : Amount and Compound interest.
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⠀⠀⠀⠀⠀Finding Amount :