Maria invests Rs.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 years.
ii)The interests for the third year. 


(ans. i)112614 ; ii) 10810.94)
plz ans fast and do not send links

i.We have,principal, P = Rs 93750Rate, R = 9.6 % p.a.Time, n =2 yrsNow, Amount, A = P1 + R100n=937501 + 9.61002=93750 × 109.61002=Rs 112614ii.Now, Principal for third year, P = Rs 112614Rate, R = 9.6% p.a.Time, T = 1 yrInterest = PRT100 = 112614 × 9.6 × 1100 = Rs 10810.94

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