question number 7 please give me answer
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suppose time =n year
then, CI = 9261 - 8000= 1261
(formula =CI=p(1+r/100)^n)
then = 1261= 8000×(1+5/100)^n
1261/8000=(1+1/20)^n
1261/8000= (21/20)^n
(21/20)^3=(21/20)^n
n=3 answer
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Hey buddy
Here is your answer
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