Find the amount of Rs.6000 Tent at 5% per annum for 2 years if the interest is compoun
annually?
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300 rs per 2 years
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A = P(1+ r/100)^n
A = 6000 (1 + 5/100)^2
A = 6000 (105/100)^2
A = 6000 × 11025/10000
A = 6615
Therefore the amount is Rs 6615
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