how much will rupees 9,000 amount to in 3 years at compound interest if the rate for successive years are 12% 15% and 20% per year respectively
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Answer:
Step-by-step explanation:
Year 1:
9,000*12/100
=1080
=10080
Year 2:
10080*15/100
=1524
=11604
Year 3:
11604*1/5
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