. Calculate the amount if 400 is
invested on compound interest at
the rate of 5% per annum for 2 yr
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1
Answer:
Ans is 441
Step-by-step explanation:
A=P(1+R/100)^n
=400(1+5/100)^2
=400(1+1/20)^2
=400(21/20)^2
=400×21/20×21/20
=21×21
=441
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