8. Mahindra invests a sum of ? 10000 for 3 years at 10% per annum. Find:
(a) the amount received at the end of the second year.
(b) the interest for the third year,
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Answer:
A=P(1+
100
r
)
n
A=10,000(1+
100
10
)
3
=13310
Amount=Rs.13,310
Step-by-step explanation:
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