Question

compute the compound and interest for the third year on rupees 5000 invested for 5 years at 10% per annum the interest being payable annually​

Answer 1

Answer:

CI-P(1+R/100)³

5000(1+10/100)³

5000 X 11/10 X 11/10 X 11/10

=6665

CI=6665-5000

1665