how much will Rs 6000 amount to if invested at 6% interest rate for 3 years compounded annually
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Answer:
₹ 7,146.09
Step-by-step explanation:
A = P(1+R/100)ⁿ
A = 6000(1+6/100)³
A = 6000×53³/50³
A = 6000×148877/125000
A = 893,262,000/125000
A = ₹ 7,146.09
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