Calculate the compound interest for the second year on rs.8000 invested for 3 years at 10% per annum.
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a=p[1+r÷100]^t
a=8000[1+10÷100]^3
a=8×11×11×11
a=10648
c. I=10648-8000=2648
a=8000[1+10÷100]^3
a=8×11×11×11
a=10648
c. I=10648-8000=2648
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