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Calculate what R 10 000 will amount to if it is invested at 10% per annum compound interest for 3 years

Answers (1)

Amount = PRINCIPAL (1+R/100)n  
Amount  = 10000 (1+10/100)³  
Amount = 10000 (110/100)³  
Amount  = Rs. 13310  

Posted by

Satyajeet Kumar

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