Find compound interest on Rs. 2500 invested at 6% annually for 2 years.
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Answer:
=309
Step-by-step explanation:
P=2500
R=6%
n=2
Amount=(1+6/100)(1+6/100)×2500
=106/100×106/100×2500
=53×53
=2809
C.I=2809-2500
=309
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