find the amount and compound interest on rupees 1000 for 2 years at 5% per annum compounded annually
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Answers
Answered by
3
Answer:
1102.5
Step-by-step explanation:
A=P(1+I)N
=1000(1+.05)2
=1000 X 1.1025
=1102.50
thanks
its correct
Answered by
2
1102.5
Step-by-step explanation:
A=P(1+I)N
=1000(1+.05)2
=1000 X 1.1025
=1102.50
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