If 5000 rupees is deposited in a bank for 3 years at 10% interest, what is the actual interest each year? what is the total interest ? what is the amount at the end of 3 years including principal and interest?
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Compounding frequency Principal amount Interest earned
Monthly Rs.10,000 Rs.656
Quarterly Rs.10,000 Rs.660
Yearly Rs.10,000 Rs.677
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