rajat deposit 16000 in his Bhai acount. find the compound interest he will be earn at the end of the year at 5 p.a
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Answer:
c.I= 800
p=16000
r= 5%
A= p(1+r/100)^n
a= 16000 (1+5/100)^1
a= 16000×21/20
a=800×21 =16800
c.i=a-p= 16800-16000
c.i= 800
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