compute the compound interest on rs. 2400 at 20% for 3/3 4 years
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Answer:
here is your answer friend....
Step-by-step explanation:
Griven,
Principle (P) = 2400/ Time (t) = 3 years Rate of interest (r) = 20%. The formula to find out the ammount is P(1 + 0) t
:. The amount
2400x (1+20 ;) ³ = 2400 x (³ = 4147.201 (Aus)
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