Home » 6. Harjyot deposited ₹ in a deposit scheme paying % p.a. compound interest. If the duration of the deposit is 3 years, calculate:(iii) The amount received by him had he chosen the duration of the deposit to be 2 years.
6. Harjyot deposited ₹ in a deposit scheme paying % p.a. compound interest. If the duration of the deposit is 3 years, calculate:(iii) The amount received by him had he chosen the duration of the deposit to be 2 years.
6. Harjyot deposited ₹ in a deposit scheme paying % p.a. compound interest. If the duration of the deposit is 3 years, calculate:(iii) The amount received by him had he chosen the duration of the deposit to be 2 years.
Solution:-
The amount received by him had he chosen the duration of the deposit to be years, P2 =