the simplest interest on a certain sum for 3year at 15%per annum is 3600.find the corresponding compund interest?
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Si=3600
Let The principal P
P=si×100/r×t
3600×100/15×3
P=8000
Ci
P[1+r/100]n_ 1]
8000[(1+15/100)3_ 1]
Solve
Answer
4167
Correct or wrong
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