what would be the compound interest obtained on a ammount of rs 9000 at the rate of 12 p.c.p.a after 2 years
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Answer:
1,497.6
Step-by-step explanation:
C.I. is amount - principal
amount = P(1+ r%)²
= 9000(1+ 12/100) ²
=9000(1+2/25)²
=10479.6
A=10479.6
C.I. =A-P
=10479.6-9000
=1,497.6
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