find the amount and compound interest on 8000 rupees for 3 years at 10% per annum compounded annually
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Step-by-step explanation:
principle =8000
Rate=10%per annum
time=3year
amount=p(1+r/100)^n
A=8000(1+10/100)^3
=8000(110/100)^3
=8000×11/10^3
=10648
CI=a-p
=10648-8000
=2648
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