5. Find the compound interest on 14000 at 16% per annum for 11/4 years.
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P=14000,i=r/100=16/100=.16,t=11/4
A= p(1+i)^×t
= 14000(1+.16)^×11/4
=14000(1.16)^×11/4
=14000×1.3456×11/4
=18838.4×11/4
=51805.6
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