find the amount and the compound interest on rs 2000 at 10% per annum for 2½ years compounded annually
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Answered by
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Answer:
A = 3221.02
CI = 1221.02
Step-by-step explanation:
p= rs 2000
R =10%
T=5/2 YRS
A=2000(1+10/100)^5
=2000(11/10)^5
=(121×121×11)/50
=3221.02
CI=3221.02-2000=1221.02
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hope it helps you... thanks
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