1. Find the amount and the compound interest, if the
interest is compounded yearly
₹ 8000 for 3 years at 15 % per annum .
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Answer:
12167
Step-by-step explanation:
Given, P = 8000, n = 3, R = 15
A = P*(1 + R/100)^n
A = 8000 * (1 + 15/100)^3
A = 12167
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