Collin invests 1200into his bank account.He gets 10 percent interest pe year. How much would he get over 3 years
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Answer:
₹ 1597.2
Step-by-step explanation:
Given,
P= ₹1200, r=10% and n=3year
we know that,
A=P(1+r/100)ⁿ
= 1200(1+10/100)³
= 1200(11/10)³
= 1200x1331/1000
= ₹ 1597.2
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