An interest rate is 5%, number of period are 3, and present value is Rs 100,and then future value will be

The correct answer is D. 113.56.

The future value of a sum of money is the amount of money that it will be worth in the future, given a certain interest rate and number of periods. The formula for calculating future value is:

$FV = PV(1 + r)^n$

where:

• $FV$ is the future value
• $PV$ is the present value
• $r$ is the interest rate
• $n$ is the number of periods

In this case, we are given that $PV = 100$, $r = 5\%$, and $n = 3$. Substituting these values into the formula, we get:

$FV = 100(1 + 0.05)^3 = 113.56$

Therefore, the future value of the sum of money is $113.56$.

Option A is incorrect because it is the present value, not the future value. Option B is incorrect because it is the amount of interest that will be earned, not the future value. Option C is incorrect because it is the future value if the interest rate were 10%, not 5%.