on what sum will the compound interest at 15\2% per annum for three year compound annually be 3101.40
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A=P(1+r\100)^3
3101.80=P(1+15\200)^3
3101.80=P(215\200)^3
3101.80=P(43/40)^3
3101.80= 79507P/64000
3101.80*64000=79507P
(3101.80*64000)\79507=P
P=2496.8
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