find the compound interest when it is annually p=16,000 r=10% p.a :n=3 year.plzz answer in steps by step PLZZ plzz
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0
Step-by-step explanation:
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I'd =9813205349
Answered by
3
Answer:
5296
Step-by-step explanation:
CI = p(1+r%)^n -p
=16000(1+10%)^3- 160000
= 16000(1.1)^3 - 160000
=16000×1.331 - 16000
=21296 - 16000
=5296
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