rupees 6000for 2years 9%per annum compounded annually
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Principal = 6000
Time = 2yrs
Rate = 9% p.a
Amount = P(1+r/100)^n = 6000(1 + 9/100)²
= 6000(109/100)² = 6000 * 109/100 * 109/100
= 7128.6
Compound Interest = A - P = 7128.6 - 6000
= 1128.6
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