1.

A man invests ₹ 46,875 at 4 % per annum compound interest for 3 years. Calculate : (i) the interest for the 1st year (ii) the amount standing to his credit at the end of 2nd year:

Answer»

A man invests ₹ 46,875 at 4 % per annum compound interest for 3 years. Calculate :

(i) the interest for the 1st year

(ii) the amount standing to his credit at the end of 2nd year:




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