at what rate of compound interest per annum will a sum of rupees 2,000 become 2332.80 in 2 years interest compounded annually
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P. =2000
F=2332.8
T=2yrs
R. =?
F=p(1+r)^n
2332.8/2000=(1+r)^2
√1.1664=1+r
R=√1.1664-1
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