what will a loan of rupees 10000 amount to in 2 years if compounded annually @ 10% per annum
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=10000+10000*10/100
=10000+1000
=11000pr year
&2years annul is
=11000*2
=22000
=10000+1000
=11000pr year
&2years annul is
=11000*2
=22000
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