If the Principal is Rs 50000 and 8% is the rate of interest per annum compound annually
a) Find the interest earned in First year
b) What is the principal for 2nd Year
c)What is the interest earned in second year
d) Is First year interest same as second year interest
e) What will be the total interest earned for 2 years if it were simple interest per annum
guys pls answer it..
i will mark a brainlyst
Answers
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3
Step-by-step explanation:
Ans1) 4000
Ans2) 5400
Ans3) 4320
Ans4) 8000
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