Calculate the compound intrest on rs. 6500 in 3years at 10% p.a. compounded anually.
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Answer:
p= RS. 6500
t = 3 years or 1/4
r= 10⁰/• (compounded anually)
=p(1+r/100)time
= 6500(1+10/100)time
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simple intrest = p×r×t or (p×r×t/100)
100
then you may get your answer............
hope it helps you............
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