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 Solution What sum of money becomes Rs 9261 in 3 years at 5 % per annum, compounded annually ?Solution:Your problem -> What sum of money becomes Rs 9261 in 3 years at 5 % per annum, compounded annually ?Here A = "Rs." 9261, R = 5%, N = 3 yearsA = P (1 + R/100)^N9261 = P ( 1 + 5 / 100 ) ^ 39261 = P ( 105 / 100 ) ^ 39261 * ( 100 / 105 ) ^ 3 = PP = 8000:. The sum is 8000. Solution provided by AtoZmath.com Any wrong solution, solution improvement, feedback then Submit Here Want to know about AtoZmath.com and me

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