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4) the amount of money in the account every yearwhen Z10000 Pol deposited at compound in tuest bt8% per annum. |
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Answer» Given,Principal amount P = 10000, Rate of Interest R = 8%, Time period n = 1 year, Amount = A For compound interestA = P(1 + R/100)^nA = 10000(1 + 8/100)^1A = 10000(108/100)A = 108*100 = 10800 Therefore,Amount in account after one year = Rs 10800 |
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