find the compound intrsest :principal=18000 time= 2 years rate =31/2
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i think ans is 360 , u again recheck by using formula of PTR/100
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Answer
A=p(1+r/100)sq.
A=18000×231/200×231/200
A=24012.45
Compound interest=A-p
=24012.45-18000
=6012.45
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