Math, asked by poojanarang1123, 1 month ago

Maria invested rs 8000 in a business she would be paid interest at 5% per annum compounded annually find first the amount credit against her name at the end of the second year second the interest of the third year​

Answers

Answered by Kaushalsingh74883508
5

Step-by-step explanation:

Given, principal P=Rs.80,000

Rate of interest R=5%

For first year,

Interest for first year =

100

PRT

=Rs.

100

80000×5×1

=Rs.4000

Amount after first year =Rs.(80000+4000)=Rs.84000

For second year,

Interest for second year =

100

PRT

=Rs.

100

84000×5×1

=Rs.4200

Amount after second year =Rs.(84000+4200)=Rs.88200

Interest for third year =

100

PRT

=Rs.

100

88200×5×1

=Rs.4410

Hence, the amount standing to her credit at the end of second year is Rs.88200

And, the interest for the third year is Rs.4410

Answered by 2007Adibhai9th
7

Answer:

Ans. (i) Here, Principal (P) = Rs. 8000, Rate of Interest (R) = 5%, Time = 2 years

Step-by-step explanation:

Ans. (i) Here, Principal (P) = Rs. 8000, Rate of Interest (R) = 5%, Time = 2 years

Amount (A) = 8000*[1+5/100]^2

= Rs. 8,820

(ii) Here, Principal (P) = Rs. 8000, Rate of Interest (R) = 5%, Time = 3 years

amount (A) = 8820*[1+5/100]

= Rs. 9,261

Interest for 3rd year = A – P

= Rs. 9,261 – Rs. 8,820 = Rs. 441

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