John invested Rs.7000 in shares for 2 years at the rate of 12% per year compounded annually. What is the compound interest that John gets after 2 years
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For first yr, Ci =840₹
For second year, ci=840+100.8=940.8
Total =1780.8₹
For second year, ci=840+100.8=940.8
Total =1780.8₹
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