Calculate the compound interest — task. Mathematics CBSE, Class 8.

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Calculate the compound interest on

$₹$ 3940 for 3 years at the rate of 4

$\%$ per annum compounded yearly. (Use:

${(1.04)}^{3}$

$\approx$ 1.12)

Answer:

The compound interest

$=$

$₹$ .

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

$1$

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