Mrssharma deposited 60000 in bank for 2 year if the interest is 8% p.a. compunded annually what amount will she recieve at end of 2 year
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rate of interest=8
time=2 years
principal=60000
simple interest=P×R×T/100
=60000×8×2/100
=480000×2/100
=960000/100
=9600
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tell me is it right
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because I need math answer from shrawani
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