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.
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3
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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1
Answer:
7999 is the answer of your question
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