Find the amount and compound interest on ₹5000 for 2½ years at the rate of 10% p.a., compounded annually
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Answer:
p=5000
time=5/2
rate=10%
now
I=P*T*R/100
=5000*2.5*10/100
=125000/100
=1250
NOW
A=P+I
=5000+1250
6250
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