Rashish invests Rs. 5000 for 3 years at 5% p.a. compounded interest reckoned yearly. Income tax at the rate of 20% on the interest earned is deducted at the end of each year. Find the total interest at the end of third year.
1
Rs. 624.32
2
Rs. 642.31
3
Rs. 724.90
4
Rs. 824.32