Math, asked by panvelkarshravani, 3 months ago

Find Compound Interest on Rs. 8000/ for 3 years if rate of interest is 7%

Answers

Answered by badshah86

1

Answer:

The CI had to pay is Rs. 1800.34

Step-by-step explanation:

A = P*(1+R/100)³

A= 8000*(107/100)³

A= Rs. 9800.34

CI= 9800.34 - 8000

CI= Rs. 1800.34

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