compounded annually makes it eaiser
for annually
[tex]A=P(1+r)^t[/tex]
A=future amount
P=present amount
r=rate in decimal
t=time in years
given that present amount is 4000 (what, rupees?)
and rate is 6% or 0.06 and time=5
[tex]A=4000(1+0.06)^5[/tex]
[tex]A=4000(1.06)^5[/tex]
A=5352.9023
round
5352.90 rupees
