Question

a man invested rupees 5000 for 3 years at a certain rate of interest compounded annually at the end of 1 year it amounts to 5600 rupees calculate :
the rate of interest per annum
the interest accrued in the second year
the amount at the end of third year ​

Answer 1

Answer:Here how you solve in your boards.

Key:-

Given:-

Pricialpal=5000   time=3 amount 5600

We know

Amount=priciapal(1+r/100)n

5600=5000)i+r/100)3

56=(1+r /100)3

50

175616

______=1+r/100 

125000

175616

----------  -  1=r/100

125000

50616

--------   =  r/100

125000

Rate=4.06% And rest you solve with this you solve that

Step-by-step explanation:

Answer 2

Answer:

amount=si+principa1

:.si=600 si=prt/100 :. rate per snnum=4.06%