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A sum of of rupees 9600 is invested for 3 years at 10% per annum compound interest.

1)find the compound interest earned in the first two years?
2) find the compound interest at the end of 3 years.


The equation for Amount is:
A = P (1 + R / 100)^T (When Interest is Compounded Yearly)

The equation for Compound Interest is:
CI = A - P

Therefore, 1) Rs. 2,010.00
                  2) Rs. 3,177.60
1 5 1
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