find the amount and compound interest principal=6225,rate=55/4,time=2years
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4
Answer:
PTR / 100
Step-by-step explanation:
principal = 6225
Time = 2years
Rate = 55/4
=13.75
To find the amount of the compound interest = PTR/ 100
= 6225 + 2+ 13.75 / 100
=624075/ 100
= 0.624075
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