P=2000, R=5 p.c.p.a, N=2 year .Find the amount.?
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Answer:
Step-by-step explanation:
A = P {1+R/100}n
A = 2000{ 1+ 5/100}²
A = 2000{ 105/100)²
A = 2000×105/100×105/100
A = 2205
compound interest = amount - principal
= 2205-2000
= 205.
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0
Answer:
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