A man had rupees 75000 he invested 35,000 in a company which pays him 9% interest per annum and he invented rest of the money in another company which pays him 9.5 % interest per annum find the total compound interest received by him after 2 years
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1.09^2 and 1.095^2
1.1881 and 1.199025
41583, rupees and 41965,875 rupees
MrRegister:
^2 makes it compounded
41583.5 rupees and 41965.875
multiplying 35000 with the numbers in the middle
multiplying 35000 with the numbers in the middle
add that together and there's your total interest
It's very short I couldn't understand
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