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Find the compound interest on ₹5000 at 4 percent per annum for 3 years compounded anually
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Answer: Step-by-step explanation: Principal =Rs. 5000. Time =3 years. Rate =8%. Amount compounded annually. =5000⋅(1+. 100. 8. . ) 3. =5000⋅. 100. 108. . ⋅. 100. 108. . ⋅. 100. 108. .
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