How can we find the compound interest on rs.20480 at 25/4% in 2 years 73 days?
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M=P(1+R/100)^T = 20480(1+25/400)^2=23120
SI=(PxRxT/100)=(23120x25x73/100x4x365)=289
MV=23120+289=23409
SI=(PxRxT/100)=(23120x25x73/100x4x365)=289
MV=23120+289=23409
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