A man saves Rs. 5000 every year and invests it at the end of the year at 8% per annum compound interest. Calculate the total amount of his savings at the end of the third year. 

Hi!
For the first year:
The investment made the man, P = Rs 5,000
Rate of interest, r = 8% per annum.
 
At the end of the first year, the amount obtained by the boy on the investment at the beginning of the first year (on Rs 5,000)

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