What sum of money will amount to 9261 in 3 years at 5% per annum compound interest
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Answer:
What sum of money becomes Rs 9261 in 3 years at 5 % per annum, compounded annually ? ∴ The sum is 8000.
Step-by-step explanation:
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Answered by
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Answer:
1459.76
Step-by-step explanation:
9261x(105/100)³=10720.76
10720.76-9261=1459.76
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