Find the amount at the end of 2years on Rs 1000 at 4 percent per annum compounded annually
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4% of 1000=₹40
4% of 40=₹1.6
Total interest =₹81.6
Amount =1081.6₹
4% of 40=₹1.6
Total interest =₹81.6
Amount =1081.6₹
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