poonam invested an amount of r.s 35000for two year at the rate of 5 percentage per annum . what amount of compound interest would she receive at the end of 2 years
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Answer:
Compound interest
= P [(1+R100)T−1]
= 35000 [(1+5100)2−1]
= 35000 ×41400 = Rs.3587.5
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