A=5000, R=5%,time 3 years.find amount and compound interest
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Step-by-step explanation:
A=5000
T=3years
R=5%
A=P(1+R/100)T
A=5000(1+R/100)3
=5000(1+0.05)3
=5000x1.05
=5000x1.05x1.05x1.05
5000x1.158
=5.790
A=5.790
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