anas deposited 20000 rupees in a bank which pays 6% interest compounded annually. how much would he get back after 3 years?
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Answered by
16
After 3 years you will get 23820.32rs.
Answered by
3
Answer:
Amount Anas gets at the end of third year
=20000(1+6/100)³
=20000(106/100)³
=20000*106/100*106/100*106/100
=₹23820.32
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