how much rupees 10000 amount to years at compound interest compounded annually the rate of interest for the successive years being 9% and 10% respectively
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Step-by-step explanation:
When the rate of compound interests for successive/consecutive years are different (r 1%, r 2%, r 3%, r 4%, .................. ) then: A = P( 1 + r1100)(1 + r2100)(1 + r3100)
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