Question

Rinku invested rs 100000 in a company at 13% p.a. compounded annually. find (i)the intrest he got in the 3rd year

Answer 1

the ans is 100000×13×3/100
which is equal to= 39000

Answer 2

formula
$total = p \times (1 + \frac{n}{100} ) {}^{k}$
subtract p to get interest