Mathematics
A man saves ₹ 5,000 every year and invests it at the end of the year at 10% p.a. compound interest. Calculate the total amount of his savings at the end of the third year.
Related Questions
The compound interest compounded annually, on a certain sum is ₹ 29,040 in second year and is ₹ 31,944 in third year.Calculate:
(i) the rate of interest.
(ii) the interest for 4th year.
(iii) the interest for 1st year.
A certain sum of money amounts to ₹ 4,500 in first year; to ₹ 5,175 in second year and to ₹ 6,210 in third year.Find the rate of interest for the (i) second year (ii) third year.