find the amount for rupees 15000 at 8% per annum compounded annually for 2 years
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P=Rs15000
R=8℅
T=2years
A=P(1+r/100)^t
=15000(1+8/100)^2
=15000(1+2/25)^2
=15000×27/25×27/25
=Rs17496
R=8℅
T=2years
A=P(1+r/100)^t
=15000(1+8/100)^2
=15000(1+2/25)^2
=15000×27/25×27/25
=Rs17496
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