Find the CI on ₹875000 compound annually if the rate of interest being 2% , 4% and 5% respectively for 3 successive years.
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Answer:109006.48
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Answer:
formula
C.I = Amount - Principal
formula
A = P*(1+r/100)
formula
CI = principal * (1+r/100) - principal
formula
SI= P * R * T/100
A = P + SI
SI= A- P
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