1.

calculate the amount and compound interest by using the formula for compound interest principal-1000 rate10%p.a. time-3

Answer»

A= p(1+r/)t

Here PRINCIPAL =1000 rate=10% time = 3 years ACCORDING to question

1000[ 1+10/100]3

1000×11/10×11/10×11/10

1331 is the answer





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