mehak lent 8000 to ria at the rate of 12-1/2%per amount compound intrest.find the amount payable by ria to mehak after 2 years.
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Answer:
P=8000,R=11.5,n=2
A=P[1 + (R ÷ 100)]^n
A=8000[1 + 11.5 ÷100)]^2
A=9945.8(ans)
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