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what sum will amount to Rs. 2,000 in 3 years at 6% compound interest. |
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Answer» A= P(1+R/100)^3now A= 2000we have to find Pnow2000= P(1+6/100)^32000= P( 106/100)^32000= P( 1.19)P= 1680.67 |
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