8) Arpit deposited Rs 6000 at the interest rate of 6% per annum for th

1.	8) Arpit deposited Rs 6000 at the interest rate of 6% per annum for three years. The interest was compounded on yearly basisplz ans fast
Answer» C I = ₹1146.096 Amount = ₹7146.096 Step-by-step explanation: Principal = ₹6000 Rate = 6% Time (n) = 3 years. Amount = Principal (1+rate/100)^n = ₹6000(1+6/100)³ =₹6000×106/100×106/100×106/100 = ₹ 7146.096. Compound interest = Amount - Principal = ₹(7146.096 - 6000) = ₹ 1146.096. hope it helps mark me as BRAINLIEST please follow me and I'll follow you back

8) Arpit deposited Rs 6000 at the interest rate of 6% per annum for three years. The interest was compounded on yearly basisplz ans fast

Answer»

Step-by-step explanation:

Principal = ₹6000

Rate = 6%

Time (n) = 3 years.

Amount = Principal (1+rate/100)^n

= ₹6000(1+6/100)³

=₹6000×106/100×106/100×106/100

= ₹ 7146.096.

Compound interest = Amount - Principal

= ₹(7146.096 - 6000)

= ₹ 1146.096.

hope it helps

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