David David purchased a washing machine on credit if the machine costs Rs 8000 and the shopkeeper charges interest at the rate of 21% per annum calculate the amount that david will have to pay after 9 months.
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6
Try to do it yourself
raj3668:
compound interest
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20
8000×21÷100= 1680
1680×9÷12= 1260
8000+1260= 9260
1680×9÷12= 1260
8000+1260= 9260
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