Question

Saurav deposited * 64,000 in a bank for 3 years, compounded annually at 71/2% p.a. What amount will he get after 3 years
​

Answer 1

hi

here is the answer

p = 64000

rate of interest = 15/2 % p.a.

time=3 yrs

amount = p (1+15/2 ÷ 100)raise to 3

ans = Rs 79507