I will mark you brainliest if you give answer with method
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Answered by
1
Answer:
20,000 for 2 years at 20% p. a., interest being compounded annually. Here, the Principal P = 20,000, number of years n = 2, rate of interest r = 20%. Therefore, Amount A=20000(1+20100)2=20000(3625) = Rs. 28,800.
Answered by
1
Answer:
Amount = 21632
Compoun Interest = 1632
Hoping this will help you...please mark brainliest
Step-by-step explanation:
Amount = 20000 * ( 1 + 4/100)^2
Amount = 20000 * (26/25)^2
Amount = 20000 * 26/25 * 26/25
Amount = 8 * 26 * 26
Amount = 21632
Compoun Interest = 1632
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