find the compound interest on rs. 14000 at 16% per annum for 2 years.
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Answer:
4838
Step-by-step explanation:
HERE PRINCIPAL=₹14000
TIME=2 years
RATE=16%
we have A=P(1+R/100)n
= 14000(1+16/100)2
=14000×29/25×29/25
=94192/5
CI =A-P=₹94192/5-14000=
4838
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