aakanksha invested ₹ 93750 at an interest rate of 9.6% per annum for 3 years. if the interest is compounded annually, then find amount?
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Amount = 93750 {1 + (9.6/100)}^3
= 93750 * (1.096^3)
= 93750 * 1.31653
= 123424.944
= 93750 * (1.096^3)
= 93750 * 1.31653
= 123424.944
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