P=4000,R=10%p.a.,N= 2yrs.find amount and compound interest annuly
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Interest = principal × rate × time ÷ 100
I = 4000×10×2÷100
interest =800
amount =principal +interest
4000+800
4800
I = 4000×10×2÷100
interest =800
amount =principal +interest
4000+800
4800
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