Find the compound interest if the principle is $12,000, the rate is 18% and the time is 4 years.
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Find the compound interest on $ 6400 for 2 years, compounded annually at 7¹/₂ ... Let principal = $ P, time = 2 years, and let the rates of interest be p % p.a. ... And, compound interest = $ (13356 – 12000)
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