calculate the amount and compound interest on Rs18000 for 2.5 years at 10 percentage per annum compounded annually
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Step-by-step explanation:
18000, Rate,R = 10% and time period,n = 2.5 years.
We know, Amount when interest is compounded annually =
Amount after 2 years at 10% , A = = Rs.21780.
SI on next 1/2 year at = = Rs. 1089.
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