Question

calculate the amount and compound interest on rs.64000 for 3 years at 5% per annum compounded annually

Answer 1

Answer:

c.i=81682;amt=145682

Step-by-step explanation:

c.i=p(1+r/100)^n

=64000(1+5/100)^5

=81,682

amt=c.i+p

=64000+81682

145682