yurikaneupane
yurikaneupane yurikaneupane
  • 18-08-2020
  • Mathematics
contestada

find compound amount annually of p=4000,time=3/2 and rate =10%​ solve it step wise.

Respuesta :

Sueraiuka
Sueraiuka Sueraiuka
  • 18-08-2020

Step-by-step explanation:

Hey, there!!

Principal (p) = 4000

Time = 3/2= 1.5 yrs.

rate = 10%

Now, we have formula,

[tex]c.a = p \times {(1 + \frac{r}{100}) }^{t} [/tex]

Putting their values,

[tex]ca = 4000\times {(1 + \frac{10}{100} )}^{1.5} [/tex]

[tex]ca =4000 \times {(1 + 0.1)}^{1.5} [/tex]

[tex]ca = 4000 \times 1.153689[/tex]

Simplifying them we get,

C.A = 4614.75

Hope it helps...

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