The difference in taka between simple and compound interest at 5% annually on a
sum of Tk. 2000 after 2 years is
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Step-by-step explanation:
interest=2000×5%\100
100
a=p+i
=2000+100
=2100
p for next 2100
interest=2100×5/100
105
a=p+I
2100+105
=2205
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