RS 4,800 for 2year at the interest rate of 10% per annum
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Answered by
1
Answer:
Step-by-step explanation:
Answer:compound interest formula = P(1+r/100)^n
Where n is no of years
Step-by-step explanation:4800(1+10/100)^2
4800 × 110/100 ×110/100
5808 is the required amount after 2 years
The compound interest = Amount - Principal
5808 - 4800=1008
Rs 1008 is required interest
Answered by
0
Answer:
1008 is required interest
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