Math, asked by reddy1281, 11 months ago

To renovate his shop, Anurag obtained a loan of rs 8000 from a bank. If the rate of interest at 5% per annum is compounded annually, calculate the compound interest that anurag will have to pay after 3 years.

Answers

Answered by Anonymous

5

Answer:

The compound interest that Anurag will have to pay is Rs 1261.

Step-by-step explanation:

Referred to the attachment.

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