Question

P = Rs 8,800, R = 8-% per annum, n = 2 years
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Answer 1

Answer:

$a = p {(1 + \frac{r}{100}) }^{2} \\ a = 8800 {(1 + \frac{8}{100} )}^{2} \\ a = 8800 \times \frac{27}{25} \times \frac{27}{25} \\ a = 10264.32 \: answer$