calculate the amount to be paid after 3 years on rs 1600 compounded annually at the rate of 25% per annum
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here R = 25% T = 3 year P= 1600 A= P (1+R/100)^3 =1600 (1+25/100)^3 =1600 ×5/4 ×5/4 ×5/4=3125
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