15a Dev takes a loan of 3 5000 from a bank at an interest rate of 20% per annum, compounded annually. The 2 2 2 term of loan is 2 years. Calculate the amount payable to the bank after 2 years.
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The liberals were in favour of safeguarding the rights of individuals against governments and hence opposed the uncontrolled power of dynastic rulers,they also argued for a representative, elected parliamentary government where as radicals Opposed the privileges of great landowners and wealthy factory owners.
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