What sum of money will amount to 9261 in 3 years at 5% per annum compound
interest?
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2 thoughts on “<br />What sum of money will amount to 9261 in 3 years at 5% per annum compound<br />interest?<br />​”

1. Answer:Rs 8000

   Explantation:

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2. Answer:

   Ans=Rs.8000

   p(1+5/100)^3=9261

   p=(9261 ×100^3)/105^3

   Hence 8000

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