8. Find the difference between CI
(compounded annually) and SI on 2000
for 3 years at the rate of 8% per annum.
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Step-by-step explanation:
Step-by-step explanation:
Ci -si=p(1+r/100)^t
Ci-si=2000(1+8/100)^3
Ci-si=2000×(108×108×108)/100000
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