Question

Q.2) Find amount, if a sum of 60000 is compounded annually for 2 years The rates of interest for 2 years are : First Year = 5 % p.a. Second Year = 8 % p.a. a) 68240 b) 68140 c) 68040

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Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer:

c.) 68040.

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