Find the c.i and amount on rs 8000 at 4% for 2years
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Hey mate!!!
Here is your answer..
Amount=Principal(1+R/100) raised to n
=8000(1+4/100)²
=8000×104/100×104/100
=8652.8
Amount=8652.80
CI=8652.80-8000
=652.80
Here is your answer..
Amount=Principal(1+R/100) raised to n
=8000(1+4/100)²
=8000×104/100×104/100
=8652.8
Amount=8652.80
CI=8652.80-8000
=652.80
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