calculate the amount and compound interest on rupees 18000 for 2 years at 10 % per annum compounded annually
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Answer:
compound interest=3600
amount=21600
Step-by-step explanation:
i =prt/100
i=18000*1*10/100
i=1800
1800+1800=3600
compound interst=3600
amount=p+i
=18000+3600
=21600
amount=21600
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