find amount and CI where p=18000,rate=6% and t=3yrs
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Principal = 18000, Rate = 6% , Time = 3yrs
Amount = P(1+R/100)n
= Amount = 18000 (1+6/100)3
= Amount = 18000 × 106/ 100 × 106/ 100 × 106/ 100
= Amount = Rs.53,595,720
Therefore, Compound Interest= A-P
= 53,595,720 - 18,000
=Rs. 53,577,720
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