Question

Manoj deposited a sum of 64000 in a post office for 3 years, compounded annually
7.5% per annum. What amount will he get on on maturity?
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Answer 1

Step-by-step explanation:

Principle = $64000 , Time = 3yrs, Rate = 7.5%

A = P (1+r/100)^n

=> A = 64000 (1+7.5/100)^3

=> A = 64000 (100+7.5/100)^3

=> A = 64000 (107.5 /100)^3

=> A = 64000 (1075/1000)^3

=> A = 64000 * 43/40 * 43/40 * 43/40

=> A = 43 * 43 * 43

=> A = $ 79507

Answer 2

Answer:

hope it's help you.. .....