Find the
c.I on rs 15 625 at 8% perannum for 3 year compounded annually
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Answered by
1
Answer:
Step-by-step explanation:
A= 15625 (1+8/100)3
= 15625(1+ 2/25)3
= 15625 x 27/25 x 27/25 x 27/25
= 98415
C.I = 98415 + 16525
= 1,14,040
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