A man borrowed rupees 20000 for 2 years at 8% per year compound interest calculate the final amount at the end of the second year
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Answered by
1
Final amount will be 21728
rutvianand:
I to got the same answer but the answer is wrong
I am really sorry for the wrong answer............let me try it once again
:)
Answered by
3
SI = PRT/100, SI = 20000×2×8/100 = 3200, amount = Principal+Interest, 20000+3200 = 23200
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