Answers

2014-09-18T23:30:11+05:30
Total compound intrest is Rs 1574.93 
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thanks bru
but show me how u calculate i actually want the method
search for compound intrest formula
show me how its done
2014-09-19T09:04:29+05:30
M=P(1+i)^n
substitute i=7.5%=7.5/100=0.075,P=6,500 and n=3
M=6,500(1+0.075)^3
   =6,500(1.075)^3
   =6,500(1.2422)
   =8074.9
I=M-P
 =8074.9-6,500
 =1574.93
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