Find the amount and compound interest on a sum of ₹16435 at 5% per annum for 3 years compounded annually.
Share
Find the amount and compound interest on a sum of ₹16435 at 5% per annum for 3 years compounded annually.
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Amount = 16435 x (1+5/100)
= 17256.75
CI = 17256.75-16435
= 821. 75
please mark as brainliest