(iii) the interest for the thulu yeur
3 years at 10% pa
3 Calculate the compound interest for the second year on 8000 invested also find the sum due at the end of third year
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Step-by-step explanation:
CI =AMT =P(1+r/100)*3
8000=110/100×110/100×110/100
8×11×11×11
8×1331
= 10648
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