find the compound interest on 10,000at4% rate per annum for 3 years compounded annually
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Answer:
125000000
Step-by-step explanation:
Intrest= 10,000
Rate = 4%
For 3 years
CI= (P(1+r)/100)^n
= (10,000(1+4)/100)^3
=500×500×500
125000000
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