Find the amount of rupees 80000 after 2 years compounded annually the rate of interest being 10% per annum during the first year and 5% per annum during the second year.also,find the compound interest
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Step-by-step explanation:
si in first year=80000*2*10/100=16000
si in second year=80000*2*5/100=8000
amount=80000+16000+8000=82400
compound interest=82400+8240=90640
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