Question

8. Mahindra invests a sum of ? 10000 for 3 years at 10% per annum. Find:
(a) the amount received at the end of the second year.
(b) the interest for the third year,​

Answer 1

Answer:

A=P(1+

100

r

)

n

A=10,000(1+

100

10

)

3

=13310

Amount=Rs.13,310

Step-by-step explanation:

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