Find the amount of 8000 rupees for 2 years compounded annually and rate being and 9% for the 1st 10% per anum
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time-1 year, rate -10%,principal -8000
8000 ✖ 1 ✖ 10➗ 100
800
amount -8000+800=8800
time-1 years,rate-9%,principal -8800
8800 ✖ 9 ✖ 1 ➗ 100=792
amount - 8800+792=9592
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