answer my question please in hope you answer my question correctly
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Answer:
Step-by-step explanation:
Amount = P(1+r/100)^n
8000( 1+5/100)^3
8000(105/100)^3
8000(21/20)^3
8000x9261/8000
Amount =9261
CI=A-P
9261-8000
CI= 1261
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