p=3000,R=5p.c.p.a,N=2years find compound interest
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Answered by
0
Answer:
compound Interest =P[(1+r/100)^n-1]
try this equation
Answered by
1
Answer:
Amount =3000[1-5/100]™
=3000[105/100]2
=3000×11025/10000
=3307.5
compound interest=amount- p
= 3307.5-3000
= 307.5 answer
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