Math, asked by dikshapandey3039796, 10 months ago

Maria invests 93,750 at 9.6% per annum for 3 years and the interest is com
compounded annually,
Calculate:(b) the interest for the third year.
It is compound interest question.​

Answers

Answered by TheEnd
55

Answer:

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

Answered by samratshauryak10
1

This is correct

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