Solve
1) Find the compound interest if 4000 are invested for 3 years at the rate
of 12.5 p.c.p.a.
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2
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Step-by-step explanation:
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Answered by
2
Answer:
1695.3125 rupees.
Step-by-step explanation:
principal money=4000 rupees......(p)
time=3 years.... (t)
rate of interest per annum=12.5%.... (r)
formula for compound interest={p(1+r/100)³-p} rupeees.
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