Mathematics · Compound Interest

Renuka invested a sum of ₹800 in a post office for 3 years at 5% compound interest compounded annually. How much money will she get at the end of 3 years?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹824.30
2₹926.10✓
3₹931.20
4₹910.70

Correct answer

₹926.10

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Renuka invested a sum of ₹800 in a post office for 3 years at 5% compound interest compounded annually. How much money will she get at the end of 3 years?

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Renuka invested a sum of ₹800 in a post office for 3 years at 5% compound interest compounded annually. How much money will she get at the end of 3 years?

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