Maria invested 80,000 ina business should be paid interest at 5% per annum compounded annually the interest for the third year
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p= 80,000rs
r=5%
t=3year
A=p(1+r/100)^t
A= 80,000(1+5/100)^3
A= 80,000(105/100)^3
A=( 80,000×105×105×105)/1000000
A= (2×21×21×105)rs
A=92610rs
ci=A-p
ci=(92610- 80,000)rs
ci=12610rs
the third year interest 12610rs
r=5%
t=3year
A=p(1+r/100)^t
A= 80,000(1+5/100)^3
A= 80,000(105/100)^3
A=( 80,000×105×105×105)/1000000
A= (2×21×21×105)rs
A=92610rs
ci=A-p
ci=(92610- 80,000)rs
ci=12610rs
the third year interest 12610rs
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