677 - Math - Problem Solving

Question: A man invests Rs.5000 for 3 years at 5% p.a. compound interest reckoned yearly. Income tax at the rate of 20% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year.

1. 5624.32
2. 5630.50
3. 5788.125
4. 5627.20