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See lessp= 800 A= 956 n= 3 years I = A-p 956- 800= 156 R= Ix100 / P Xn 156 X 100 / 800 x 3= 6.5% R increased 4% = 6.5 + 4= 10.5 % I = PNR/100 800x 10.5 x 3/100 = 252 A= 800 + 252= 1052
p= 800
See lessA= 956
n= 3 years
I = A-p
956- 800= 156
R= Ix100 / P Xn
156 X 100 / 800 x 3= 6.5%
R increased 4% = 6.5 + 4= 10.5 %
I = PNR/100
800x 10.5 x 3/100 = 252
A= 800 + 252= 1052