find the amount and compound interest on a sum of ₹8, 000 at 5% per annum for three years compound annually.
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can you pls tell the chapter so it will easy to give answer...
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Step-by-step explanation:
Step-by-step explanation: Given that, Principal = Rs. 8000. ...
Amount = = 8000(1 + 5/100)^3. = 8000(105/100)^3. = 8000 * 105/100 * 105/100 * 105/100.
∵ Amount = Rs. 9261.
Compount Interest = Amount - Principal. = Rs. 9261 - Rs.8000. = Rs. ...
Learn more: find the amount. brainly.in/question/3295179.
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