what will be the interest earned on rupees 1400 for 2 year if the interest is compounded annually at 10% per annum
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interest for 1400 for 1st year = 140
second year principal= 1540
interest for 1540 for 2nd year = 154
total interest = 140+154= 294
second year principal= 1540
interest for 1540 for 2nd year = 154
total interest = 140+154= 294
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