At end of 2year on 2400 at 5%per annum compounded annually find the amount and compound interest
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Answered by
1
Answer:
Amount = 2440
Step-by-step explanation:
SI= PxRxT
--------
100
=2400x5x2
--------------
100
= 24x5x2
120x2
240
Amount = P+Si
Amount = 2400+240
Amount = 2440
Hope it helps
Answered by
1
Step-by-step explanation:
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