Rate 10% time 3 years principals 4000 compound interest ?
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Answer:
Amount = p*(1+R%/100)^T
A= 4000*(1+10/100)^3
A= 4000*(110/100)^3
A= 4000*1.331
A= 5324 rupees
CI= 5324-4000
CI= 1324 rupees
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