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3. Find the interest on 12,000 for 2 years at 12.5% per annum compounded annually. Also calculatethe amount at the end of 2 years. |
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Answer» ong>Answer: hope its helps and easy to understand..if useful do follow..thank you Step-by-step EXPLANATION: =Rs.12000,Time=2 Years,Rate=5% and 6% A=P(1+ 100 R
) T
⇒12000(1+ 100 5
)(1+ 100 6
) ⇒12000× 100 105
× 100 106
⇒13356Rs C.I=A−P ⇒13356−12000=1356Rs. |
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