Question

8
.
Maria invests 93750 at 9.6% per annum for
3 years and the interest is compounded annually.
Calculate:
(i) the amount standing to her credit at the end of
the second year,
(ii) the interest for the 3rd year.​

Answer 1

Answer:

1. 112614rupees

2. 10810.9rupees

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Answer 2

Answer:

1) 112614rupees

2)10810.9 rupees