Find the compound interest on Rs 8000 for 2 years
compounded annually and the rate being 9% p.a.
during the first year and 10% p.a.during the second year.
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Step-by-step explanation:
So, P = 8000
T.=2 Years
Rate 1.=9% per annum
Rate 2 =10% Per annum
So
Amount = P (1+9/100) (1+10/100)
= 8000 (1+9/100) (1+10/100)
800 (109/100) (11/10)
=8(109)(11)
=9592 answer
Sorry bro didn't got the sign oc multiplication
I didn't copy this answer. I solve it at my house
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