find the amount and compound interest at on rupees 2000 at 10% per annum for 3 years
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Answer:
A = P(1+R/100)^N
= 2000(1+10/100)^3
= 2000(11/10)^3
= 2000(11/10)(11/10)(11/10)
A = ₹2662
CI = A-P
= 2662-2000
CI = ₹662
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