the compound interest on rs. 3000 at 10% for the second year is rs. ____________
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Answer:
3000 at 10% yearly for 212 years. 4). Compound interest of a sum of money for 2 years at 4% per annum is Rs. 2448.
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Step-by-step explanation:
A=P(I+r)t
A=3000(1+0.1)2
A=3630
CI=A-P
=3630-3000
=630 rs
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