P-Rs3000,T-3years,Rate-18%per annum find Amount and Compound interest
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Answer:
P = IRⁿ
here,
- P = Rs 3000
- n = 3 years
- R = 18/100
3000 = I (18/100)³
3000 = I (5832/1000000)
3000 = I 0.005832
amount = 3000+ 540 = 3540
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