P Rs 4000 R 7.5
N = 2 year find the compound interest
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Answer:
p(1+r/n)
p=4000
r= 7.5
n=2
a=19000
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A = P (1 + r/n) nt
A = value after t periods.
P = principal amount (initial investment)
r = annual interest rate.
n = number of times the interest is compounded per year.
t = number of years the money is borrowed for.
Use the above formula to solve it
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