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what sum of money at compound interest will amount to r2893.8 in 3yrs.if the rate of interst is 4% for the first year 5% for the second year and 6% for the third year?
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- 2893.8= P*(1+4/100)*(1+5/100)*(1+6/100)
So, P=2500 - 12 years agoHelpfull: Yes(25) No(3)
- 2893.8*(1+4/100)*(1+5/100)*(1+6/100)= rs. 3349.63
- 12 years agoHelpfull: Yes(3) No(14)
- 2501.12rs....
- 12 years agoHelpfull: Yes(0) No(4)
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