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Alisha Invested Rs 75000 for 4 Years at 8 % P.A. Compound Interest - Mathematics

Sum

Alisha invested Rs 75000 for 4 years at 8 % p.a. compound interest,

Find the interest earned in the third year.

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Solution

`"C"_3 = 6998.4`

Concept: Concept of Compound Interest - Compound Interest as a Repeated Simple Interest Computation with a Growing Principal
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APPEARS IN

Frank ICSE Class 10 Mathematics Part 2
Chapter 1 Compound Interest
Exercise 1.1 | Q 3.3 | Page 5
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