calculate the amount and the coumpound interest on Rs.25000 for 3 years,the rates of interest for the successive years being 8percent,9percent,10percent,coumpounded annually?
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Amount
= 25000 ( 1+8/100) (1+9/100) (1+10/100)
25000×108/100×109/100×110/100
=. Rs 32373
compound interest
= A - P
= 32373 - 25000
= RS 7373
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