find out the compound interest of Rs. 5000 at the rate of 6% in 2 years
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Answered by
2
Answer:
Principal = 5000
rate = 6%
time = 2
s.i = p × r × t/100
s.i = 5000 × 6 × 2 / 100
s.i = 600 ans ...
Answered by
1
Step-by-step explanation:
CI=P(1+r/100)raise to power n
P=5000
R=6
N=2
5000(1+6/100)²
5000*106/100×106/100
=5000×1.1236
=5618
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