Question

just solve it like mathematics and not java

Answer 1

Here it goes :

P = 5000
r = 5 % = 5/100 = 0.05
n = 1 (compounded yearly)

a) t = 1

$A = P {(1 + \frac{r}{n} )}^{nt}$
A = 5000 (1 + 0.05/1)^1 = 5000 + 250 = 5250
Interest = Amount - principal = 5250-5000 = Rs. 250

b) t = 2

Amount =5000 (1 + 0.05)² = 5512.5
Interest = Amount - principal = 5512.5 - 5000 = Rs. 512.5

c) t = 3
Amount = 5000(1 + 0.05)³ = 5788.125

Answer 2

A) 250 B) 512.5 C)5788.125