Question

abhi invested rupees 10000 at 13 % per annum compounded annually find the amount and the compound interest at end of 3 years​

Answer 1

Answer:

SI of 1st year=10000×13×1/100=1300

Amount at end of 1st year=10000+1300=11300

SI of 2nd year=11300×13×1/100=1469

Amount at the end of 2nd year=11300+1469=12769

SI of 3rd year=12769×13×1/100

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