Ritu invest 75550 at the 8.5 % per annum for 3 years and interest is compounded annually
A.Calculate the amount received at the end of the second year
B.intrest for third year
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Answer:
P = ₹75550
R = 8.5%
T = 3 yrs
A.Calculate the amount received at the end of the second yea
So let's find it
The formula is A= P(1+r/100)
=75550(1+8.5/100) ^3
=
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