find the compound interest and amount on rupees 28000 for 3 years at 5%for annum compounded annually
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Step-by-step explanation:
A=p(1+R/100)^n
=28000(1+5/100)^3
=28000(21/20)^3
=28000*21/20*21/20*21/20
=7*21*21*21/2
=19827/2
=9913.5
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