if the rate of compound interest for the first and second year a 7% and 8% respectively let us try by calculating compound interest on rupees 6000 for 2 years
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Answer:
933.8
Step-by-step explanation:
6000× 107/100 = 6420 ( int. - 420)
6420× 108/100= 6933.8 (int. - 513.8)
total intrest ( 420 + 513.8 = 933.8)
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