Find the compound interest and the total amount for the following 2) principal = rs. 6,250
Rate = 12 percent yearly Time = 2 years
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Answer:
answer = compound interest = 1500 and total amount = 7750
Step-by-step explanation:
compound interest : P×R×T/100
: 6250×12×2/100
: 1500
total amount : P + compound interest
: 6250 + 1500
: 7750
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