Find compound interest on Rs. 10,000 in 4 years at 10 % compounded anually
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First off is a good idea to get the best I could have done in a few days and have a few other people coming who will help me out in the third stanza of my
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rs.4641
Step-by-step explanation:
A =P (1+ r/100)^n
=10000(1+10/100)⁴
=10000(1+1/10)⁴
=10000×(11/10)⁴
=10000×14641/10000
=14641
amount =14641
C.I = amount- principal
= 14641-10000
=4641
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