park ranger spent $208 to buy 12 trees.Redwood trees cost $24 each and spruce trees cost $16 each. How many of each tree did the
1 answer:
You might be interested in
Given:
Principal = ₹ 5000
Compound rate of interest = 6% per annum
Time = 3 years
To find:
The amount after 3 years of compound interest.
Solution:
Formula for amount is:
Where, P is principal, r is rate of interest in % and t is the number of years.
Putting P=5000, r=6 and t=3, we get
On further simplification, we get
Therefore, the amount after 3 years of compound interest is 5955.08.