find the compound interest on rs 7500 at 4% per annum for 2 years compounded annually
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Answered by
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A = P (1 + r/n) ^ nt
A = Amount
P = Principal
r = rate
n = no of times
t = time
Using the details, the answer obtained is Rs. 7805 / -
A = Amount
P = Principal
r = rate
n = no of times
t = time
Using the details, the answer obtained is Rs. 7805 / -
Answered by
3
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