Albert invested amount of 8000 in a fixed deposit for 2 years at compound rate of 5% per annum how much habit will get on the nature of the fixed deposit
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Answer:
S.I = pnr/100
1000-800=200
200 = 800x2xr/100
Therefore r=12.5%
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hmm good question I know the answer but iam sorry I forgot it
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