(a) Find the amount and C.I on 8000 at 5% per annum for 2 years (WITHOUT FORMULA)
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Step-by-step explanation:
8000 at 5% per annum for 2 years compounded annually. Therefore, amount and the compound interest on Rs 8000 at 5% per annum for 2 years compounded annually are Rs 8820 and Rs 820 respectively.
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