Find the amount and compound interest principal 2000,Rate=5,Years=2
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1
Answer:
SI for 1st year=
\frac{2000 \times 5 \times 1}{100} = 100
100
2000×5×1
=100
Amt=2000+100=2100
SI for 2nd year=
\frac{2100 \times 5 \times 1}{100} = 105
100
2100×5×1
=105
Amt=2100+105=2205
CI=Amt-Principal
CI=
2205 - 2000 = 205(ans)2205−2000=205(ans)
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Answer:
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