Question

what would be the amount of compound interest on 5000 at 5% rate of interest pa for 3 years

Answer 1

$\bf\huge\color{red}{SOLUTION;}$

A = P(1+R/100)n
A = 5000(1+5/100)3
A = 5000*105/100*105/100*105/100
A = ₹5,788.12

CI = A - P
CI = 5,788.125 - 5000 = ₹788.125 (Answer)

Answer 2

Hello mate

here's your answer

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P=5000

R=5%

N=3 years
$a = p(1 + \frac{r}{100} )$
$a = 5000 \times(1\times \frac{5}{100} ){3} \\ \\ a = 5000 \times ( \frac{105}{100} \times \frac{105}{100} \times \frac{105}{100} )$
a=5788.125

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Hope it helps you