what will be the CI on asum of $1875after 2years if the rate of interest for the first year is 4% and that for the second year is 8%
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principle=rs.1875
tym=2yrs
rate after 1st yr=4%
rate after 2nd yr=8%
ci of both years = p[1+r1\100][1+r2/100]
1875[1+4/100][1+8/100]
1875×104/100×108/100
ans.=2106
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