(or)
Calculate the amount and compound interest on Rs 20,000
for 2 years and 8 months @ 5% per annum compounded annually
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Answer:
5/100=20 , 2000/2 = 1000 , 1000/20 = 50 , 50*8 =400
Step-by-step explanation:
5/100=20
2000/2=1000
1000/20=50
50*8=400
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