Calculate the compound interest for the second year on Rs. 8000 invested for 3
years at 10% p.a.
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1 : Answer: compound interest for the second year on 8000 Invested for 3 years at 10% per annum = Rs 880.
2 : Step-by-step explanation: Principle = rs 8000. Interest Rate = 10% per annum. ...
3 : Rs 880. Another way. Compund Interest = P (1 + r/100)ⁿ - P n = time in years r = rate of interest.
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u see in pic
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