amount on 21,600 for 2 years at 25/2 %per annum compounded annually.
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Answer:
Rs 3,67,537.5
Step-by-step explanation:
Principal =21600rs Rate=25/2% Time =2 yes
A=P(1+R/100)^T
=>21600(1+25/2×1/100)^2
=>21600 (1+25/8)^2
=>21600×33/8×33/8
=>367537.5
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