Question

5. A man invests 35000 at 5% per annum compound interest for 3 years. Calculate:
(i) the interest for the Ist year.
(ii) the interest for the 2nd vear
(iii) the amount at the end of 2nd year.
(iv) the interest for the third year
6. Calculate
(i) the compound interest for the 2nd year on rs. 15,000 invested for 3 years at 8% per annum
(ii) the sum due at the end of lllrd year.​

Answer 1

Step-by-step explanation:

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