find the compound interest on Rs.9600 at 12% per annum for 2 years 4 months compound annually
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Step-by-step explanation:
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step by step explanation
p=9600
r=12%
t=2yrs 4months
first you need to calculate the amount for 2 years by putting the formula of amount in terms of CI
after getting it you need to calculate the SI for 4 months (since,the SI of one year=CI of one year)
now you will add both of them your answer will be 2826.24
Hope it helps you
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