Question

find the amount and compound interest on a sum of rupees 15625 at 4% per annum for 3 years compound annually.
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Answer 1

Answer:

Step-by-step explanation:

A = p(1+r/100)^n

    = 15625×26/25×26/25×26/25

  Amount  =17576

ci = amount- principle

17576-15625

CI= 1951