Rahul borrowed Rupees 125000 at 12% annual compound interest from a bank to buy a car what would be the total amount and the amount of interest after 3 years
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Answered by
1
Answer:
50616
Step-by-step explanation:
compound interest=125000×(1+12/100)³-125000
=125000×(112/100)×(112/100)×(112/100)-125000
=125×112×11.2×1.12-125000
=175616-125000
=50616
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2
Answer:
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