Calculate the amount and CI on 4,000 at 2.5% per annum compounded annually for 3 years.
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Answered by
44
Amount = P(1+R/100)^n
= Rs. 4000(1+2.5/100)^3
= Rs. 4307.56
CI = A - P
= Rs. 4307.56 - Rs. 4000
= Rs. 307.56
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Answered by
27
Answer:
amount=$4307.56 CI=$307.56 is your answer
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