4. Simple interest on a sum of money for 2 years at 6 1/2%p.a. is 5200. What will be the compound interest
same sum at the same rate for the same time period ?
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Answer:
time=2 years
principal=5200
rate=6 and 1/2% per annum
so now apply the formula of compound interest.
one thing bro,you just not write the rate% clearly.so plz check after apply formula.thank u
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