Find the CI on Rs 2500 in 2.5 years @4% p.a compounded annually find the Amt also
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Answer:
Here's your answer
Step-by-step explanation:
P=Rs.2500
T= 2.5yrs = 5/2yrs
R=4%
C.I= P[(1+R/100)^2-1]
C.I =2500[((104/100^2-1]
=2500×10810-10000/10000
=2409750
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