after how many year will ₹2000become ₹2289.80 at 7%per annum compound interest?
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Answer: 2 years
Step-by-step explanation:
initial amount = 2000
after 1 year it becomes,2140 [2000x(100+7)/100]
after another year, it becomes 2289.80 [2140x(100+7)/100]
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