Determine amount after certain period — task. Maths CBSE Homework Assignments, Class 8.

Rahul lent \(₹\)12938 to his friend Madhav at the rate of 7\(\%\) per annum compounded annually. How much does Rahul get from Madhav after 3years?

Answer:

Rahul gets \(₹\) from Madhav at the end of 3 years.

[Note: Submit the answer as a whole number.]

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3. Determine amount after certain period