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Surabhi borrowed a sum of Rs. 12,000 from a finance company to purchase a refrigerator. If the rate of interst is 5% per annum compounded annually, calculate the compound interest that Surabhi has to pay to the company after 3 years. |
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Answer» Surabhi borrowed a sum of Rs. 12,000 from a finance company to purchase a refrigerator. If the rate of interst is 5% per annum compounded annually, calculate the compound interest that Surabhi has to pay to the company after 3 years. |
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