Find the compound interest principal value 5000 rate 20% time 2 year 3month
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Answer:
1449.7
Step-by-step explanation:
P=5000
R=20%
T=2yrs3mths=9/4yrs
A=5000(1+20/100)^9/4=6449.72
C.I=6449.72-5000=1449.72
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