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
7
Explanation:
A= P(1+r/100)*t
= 20000(1+6/100)*3
=20000*106/100*106/100*106/100
=23820.32 rupees
..... Hope it helpful.....
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11
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