what wil be the compound interest of rupees 25000 for 3 years at 8 percent per annum compounded annually
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Answer:
rupees 6492.8
Step-by-step explanation:
((P*(1+i)^n) - P), where P is the principal, i is the annual interest rate, and n is the number of periods
25000(1+8%)^3 - 25000
=rupees 6492.8
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