find the compound interest earned after 2 years for 1,000 at 10percent interest compounded annually
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interest for 1st year
1000*10/100*1=₹100
interest for 2nd year
1100*10/100*1=₹110
₹1210
1000*10/100*1=₹100
interest for 2nd year
1100*10/100*1=₹110
₹1210
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