maria invest rupees 93750 at 9.6 % per annum for 3 year and the interest is compounded annually calculate the compound interest for three years
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1year
P=93750
R=9.6%
T=1year
SI=PRT/100
SI=9000
2year
P=102750
R=9.6%
T=1year
SI=PRT/100
=9864
3year
P=112615
R=9.6%
T=1year
SI=PRT/100
=112614×9.6×1
=10810
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