A man invests Rs.6500 for 3yrs at 4.5% p.a compound interest reckoned yearly. Income tax at the rate of 20% is deducted at the end of each year. Find the amount at the end of third year.

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asked May 3, 2020 161k views

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A man invests Rs.6500 for 3yrs at 4.5% p.a compound interest reckoned yearly. Income tax at the rate of 20% is deducted at the end of each year. Find the amount at the end of third year.

Mathematics
middle-school

Robert Stam asked

by Robert Stam

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2 Answers

2 votes

9800.

Tell me if im wrong please. Thanks!

Akr answered May 5, 2020

by Akr

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1 vote

Answer:

9800

Explanation:

I hope this helps you sorry for answering so late

Judepereira answered May 9, 2020

by Judepereira

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