Find the amount to be paid at the end of 3 years in each case: (a) P – InterviewSolution

1.	Find the amount to be paid at the end of 3 years in each case: (a) Principal = Rs 1,200 at 12% p.a. (b) Principal = Rs 7,500 at 5% p.a.GIVE ANSWER PLEASE
Answer» -step EXPLANATION:AMT =PRICIPAL(1+i)^n(a)=1200(1+0.12)^3= 1200×1.404928=1685.9136(B) =7500(1+0.05)^3 =7500×1.157625 =8682.1875

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