find compound interest on rs 4000 for 2 1/2years at a rate of 10%
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A= p(1+r/100)to the power n
a= 4000(11/10)(11/10)
a=4000(121/100)
a= 4000(11/10)(11/10)
a=4000(121/100)
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Answer:
For 2 years = Compound Interest
For 1/2 years= Simple Interest
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