Question

Maria invests 93750 at 9.6% per annum for
3 years and the interest is compounded annually.
Calculate:
(i) the amount standing to her credit at the end of
the second year,
(ii) the interest for the 3rd year.​

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

Maria invests 93750 at 9.6% per annum for 3 years and the ... Calculate:(b) the interest for the third year. ... Amount at the end of the second year = 102750 + 9864 = Rs ...