principle is 20000 rate is 10.p.c.p.a and the time is 2 year find the compound interest
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Step-by-step explanation:
A=P(1+R/100)²
A=20000(1+10/100)²
A=20000×11/10×11/10
A=200×121
A=24200
CI=A-P
CI=24200-20000
CI=4200
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