Saurav deposited Rs. 64000 in a bank go 3 years , compounded annually at 7 whole 1/2 p.a. what amount will he get after 3 years?
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p = 64000
rate of interest = 15/2 % p.a.
time=3 yrs
amount = p (1+15/2 ÷ 100)raise to 3
ans = Rs 79507
rate of interest = 15/2 % p.a.
time=3 yrs
amount = p (1+15/2 ÷ 100)raise to 3
ans = Rs 79507
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16
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