a sum of money amounts to 10240 in 2 years at by 20/3
/
per annum compounded annually find the sum
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Answer:
₹9000
Step-by-step explanation:
10240 = P(1+20/300)²
10240 = P(16/15)²
10240 = P×256/225
P = (10240×225)/256
P = 9000
Thus, The sum is ₹9000.......
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