Find out the compound
intrest
For ₹ 2000 for 4 years
at 4% P.A.
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Given :
Principle : ₹2000
Rate of interest : 4%
Time : 4 years
To find :
The compound interest.
Solution :
First, we should find the amount.
Now, we can find the compound interest.
Compound interest :
Hence, the compound interest is ₹339.71712.
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