Q-5. calculate the compound interest for 3 year rate 2% principle amount= 150000
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![Q5 calculate the compound interest for 3 year rate 2 principle amount 150000Please use this attachment class=](https://hi-static.z-dn.net/files/d34/30c31570552ae40d876c6beabb63ed31.jpg)
Answer:
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Explanation:
A=150000( 1+0.02/1)1*3
A=150000(1.02)3
A= 159181
C.I= A-P
C. I = 9181