find compound interest principal is equals to 20000 rate is equals to 8.5
per annum time 3 years
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C.I=amount-principal
A=p×[1+R/100]^n
A=20000[1+8.5/100]^3
A=20000[(100+8.5)/100]^3
A=20000(108.5/100)^3
A=20000×108.5/100×108.5×100×108.5×100
A=2×108.5×108.5×108.5/100
A=25,545.7825
C.I=A-P
C.I=25545.7825-20000
C.I=5545.7825
A=p×[1+R/100]^n
A=20000[1+8.5/100]^3
A=20000[(100+8.5)/100]^3
A=20000(108.5/100)^3
A=20000×108.5/100×108.5×100×108.5×100
A=2×108.5×108.5×108.5/100
A=25,545.7825
C.I=A-P
C.I=25545.7825-20000
C.I=5545.7825
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