Question

[bold]Suhani deposited 45000 rupees in bank for 3 years at the rate of 9¼% p.a. compounded annually.How much amount will she get after 3 years.​

Answer 1

Answer:

Solution

verified

Verified

According to the given question

Intersect per year =10,000×5 %

=10,000×

100

5

=500

Now,

Amount in I

st

years =10,000

Amount in 2

nd

year =10,00

Rs.⇒20,000/−

Hence,