Hari invested Rs. 60,000 at an interest rate of 10% per annum compounded annually. What amount would he get after 2 1/2 years?
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Answer:
Money invested = Rs.60,000
Intrest per annum = 10%
= 10/100 * 60,000 = 10,000
Money after 2.5 years =
10,000 * 2.5 years or (2 1/2) years = 25000
Step-by-step explanation:
Explanation not needed
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