find the interest paid by a borrowed after a period of 3 years on a loan for rupees 2000 at 10% per annum interest being compounded annually
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Answer:
a= p + (1+R/100)n
Step-by-step explanation:
a=2000(1+10/100)³
a=2000×11/10×11/10×11/10
a=2×11×11×11
a=22×121
a=2662
c=2662-2000
c=662 is the ans
hope it helped
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