Find amount on rs 12600 for 2 years at 10% p.a compounded
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amount = 12600×[1+10/100]power 2
= 12600×(110/100)power 2
= 12600×11/10×11/10
= 15246
so,amount = 15246 rupees.
= 12600×(110/100)power 2
= 12600×11/10×11/10
= 15246
so,amount = 15246 rupees.
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