find out compound interest fot 6500 at therate of 5%,1 year and 6%another year
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Principal = rs. 6500
Rate of interest = 5%
Time = 1 year
CI = P [( 1+R/100)^T-1]
CI = 6500 [(1+5/100)^1-1]
CI = 6500 (21/20-1)
CI = 6500 * 1/20
CI = rs. 325
For second year.....
P = rs. 6500
R = 6%
T = 1 year
CI = P [( 1+R/100)^T-1]
CI = 6500 [(1+6/100)^1-1]
CI = 6500 (106/100-1)
CI = 6500 * 6/100
CI = rs. 390
Total CI = rs. 325+390
= rs. 715
Mark it as brainliest answer.....
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