harsha borrowed 24000 from bank to but a computer.if the rate of interest be 10%pa compound annually, what interst will he have to pay after 2 years
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Step-by-step explanation:
Amt =p(1+R/100)^n
= 24000(1+0.1)^2
=24000×1.21
=29040
CI= Amt _principal
CI =29040-24000
CI =5040
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