Find the difference between Ci(Compounded annually) and Sl on '2000 for 3 years at the rate of 8% per annum.
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Find the difference between Ci(Compounded annually) and Sl on '2000 for 3 years at the rate of 8% per annum.
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Use this formulae:-
A=p(r+1/100) to find C.I
si=prt/100. to find si
and calculate the difference
Answer:
you can use the formula A= ( P×R×T/100) for SI