Question

7. A sum of 13,500 is invested at 16% per
annum compound interest for 5 years.
Calculate :
(i) the interest for the first year.
(ii) the amount at the end of the first year.
(iii) the interest for the second year, correct to
the nearest rupee.​

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer:

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