Question

a sum of Rs 50,000 is invested for 3 years at 10% per annum at compound interest. what is the sum due at the end of the second year?​

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

A=P(R/100+1) ^t

A=50000(10/100+1) ^2

A=50000 × 101/100×101/100

A=5×101×101

A=51005

answer is rs. 51005