Ramesh lent rupees 20000 to his friend at the rate of 8% P A interest being compounded annually. how much money will he get back from his friend at the end of 2 years 9 months?
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Answered by
26
Given, P=20000, R=8℅,
T=33 months=33/12 years
we know that for compound interest,
CI=20000x108x108 =₹ 23328.
100x100
Answered by
0
Answer:
Step-by-sGiven, P=20000, R=8℅,
T=33 months=33/12 years
we know that for compound interest,
CI=20000x108x108 =₹ 23328.
100x100tep explanation:
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