What sum of money will amount to 9261 in 3yrs at 5% per annum compound interest
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9261= x ( 1+ 5/100)^3
9261= x( 105/100)^3
9261=x (21/20)^3
9261×8000/21×21×21=x
so , x = 9261×8000/9261=8000
9261= x( 105/100)^3
9261=x (21/20)^3
9261×8000/21×21×21=x
so , x = 9261×8000/9261=8000
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