calculate the amount and compound interest by using the formula when principal=13500,rate=5% time =2 year
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Answer:
given
p=13500
r=5%
time=2years
Step-by-step explanation:
a=p(1+r/100)
a=13500(1+5/100)
a=13500(105/100)
a=14,175
CI=p+a
CI=13500+14175
CI=27675
I think the answer is right
THANK YOU
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