the sum of money which earns Ci of 612 in 2 years at 4%p.a compounded annually _____________
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the sum of money which earns Ci of 612 in 2 years at 4%p.a compounded annually _____________
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Answer: Amount = Rs [7500*(1+(4/100)2] = Rs (7500 * (26/25) * (26/25) ) = Rs. 8112.
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