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find the compound intrest and amount by formulaprinciple = 2500, time =3 years, rate =6% |
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Answer» For compound interesrtA = P(1+R/100)^nP= 2500, R = 6%, n = 3, A =? A = 2500(1 + 6/100)^3 = 2500(53/50)^3 = 2500*1.19 = 2977.44 |
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