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find the compound interest on 125000 at 8percent per annum for 2 3/4 years
Answers
Answered by
0
Answer:
6,41,250 rupees
Step-by-step explanation:
Given,
P=125000
R=8%
Time = 23/4 years
C.I. = P[(1+R/100)n-1]
= 125000 [(1 + 8/100)23/4-1]
= 125000 [(1+2/25)4.75]
= 125000 (1.08×4.75)
= 125000 × 5.13
= 6,41,250 rupees
Answered by
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Answer:
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