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san4es73 [151]
3 years ago
5

Calculate the compound amount on rs 2000 for 3 years at the rate of 13% p.a

Mathematics
1 answer:
IrinaVladis [17]3 years ago
6 0
A=P(1+r%)ⁿ , where P is the initial capital, r, the interest rate and n, the # years

A = 2000(1+0.13)³
A = 2000(1.13)³
A = 2,885.79
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