RS .52000 amounts to rs .57600 at 10 % rate compounded annually in 2 years.find the compound interest
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Answer:
56000
Step-by-step explanation:
Principle (P) = 52000
Final Amount (A) = 57600
Rate of interest (R) = 10%
time (N) = 2 years
Compound interest = A-P
=57600-52000
=5600
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