mr sehwag invests Rs 2000 every year with a company which pays interest at 10% pa. He allows his deposit to accumulate at C.I. Find the amount to the credit of the person at the end of 5th year
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A=p*(1+r/100)^n
2000(1+10/100)^5
2000(11/10)^5
2000*11/10*11/10*11/10*11/10*11/10
2*11*11*11*11/10*11/10
2826*11/10*11/10
nathsah123:
Thats not correct
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