Maria invested ₹8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find the interest for the third year.

Maria invested ₹8,000 in a business. She would be paid interest at 5

1.	Maria invested ₹8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find the interest for the third year.
Answer» Maria invested ₹8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find the interest for the third year.