When 3 lakh principal is put on compound interest at 7.3% for 5 years then find amount?
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principal = 300000
rate = 7.3%
time = 5 years
amount = principal (1+r/100)^n
amount = 300000 (1+7.3/100)^5
amount = 300000( 1000+730/1000)^5
amount = 4648916.76
rate = 7.3%
time = 5 years
amount = principal (1+r/100)^n
amount = 300000 (1+7.3/100)^5
amount = 300000( 1000+730/1000)^5
amount = 4648916.76
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