on what sum will be compound interest for 2 years at 4% per annum be rupees 5712
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Answered by
3
Answer:
Hello there!
Feel free to ask any explanation.
Step-by-step explanation:
CI = P(1 +r%)^n - P
5712 = P{ ( 1.04)^2 -1 }
P= 70,000
Hope it helps!
Answered by
7
70000 rupees
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