find the compound interest on ₹8000 for 2years at 5% per annum compounded annuallyanswer for this question if you are a genius answer it fast
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Answer:
820
Step-by-step explanation:
In compound interest
Amount = P(1+R/100)^n
A = 8000(21/20)^2
A= 8000*441/400
A= 8820
CI = A- P
= 820
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