what is the compound intrest of amount 20000 for rate 20% and for 2 years
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A,=P(1+r/100)t
=20000(1+20/100)²
=20000(1+1/5)²
=20000(5+1/5)²
=20000(6/5)²
=20000*6/5*6/5
=28800
=20000(1+20/100)²
=20000(1+1/5)²
=20000(5+1/5)²
=20000(6/5)²
=20000*6/5*6/5
=28800
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