maths
Maths Puzzle
Q. If an account amounts to 8640/- in 3 yrs compounded annually at 20% interest. find the actual amount deposited.
Read Solution (Total 1)
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- compound intrest=P(1+R/100)n
8640=P(1+20/100)3
8640(5/6)3=P
P=5000 - 11 years agoHelpfull: Yes(0) No(0)
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