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What is the value of rs.74,000 after 3 and 1/2 year at 5.25% , compounded monthly? |
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Answer» <P>Answer: 634687 Step-by-step explanation: COMPOUND amount = P(1+R/100)^n3 and 1/2 year = 42 months =74000(1+5.25/100)^42 =634,687(approximate) |
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