Class: Class 10

Question

State True or False: In the compound interest if the rate of interest in the first three years is r1,%, r2%, 2r3% respectively, then the amount for the principal P at the end of three years is  P [katex]\big(1+ \frac{ r_{1} }{100})[/katex] [katex]\big(1+ \frac{ r_{2} }{100})[/katex] [katex]\big(1+ \frac{ r_{3}}{100})[/katex]

State True or False: In the compound interest if the rate of interest in the first three years is r1,%, r2%, 2r3%…