find the amount and the compound interest on rupees 8000 for 4 years at 10% per annum interest reckoned yearly
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Answered by
61
amount=principal (1+rate /100)^time
=8000(1+10/100)^4
8000×11/10×11/10×11/10×11/10
=8×11×11×11×11
=117128
the amount is 117128.
=8000(1+10/100)^4
8000×11/10×11/10×11/10×11/10
=8×11×11×11×11
=117128
the amount is 117128.
harshit246:
thanks
wlcm
but there are two answers 11712.80 and 3712.80
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