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Find compound interest on a sum of 8000 for 2 years at 5% p.a. compounded annuall |
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Answer» ong>Answer: Step-by-step explanation: Given : A sum of rs 8000 for 2 YEARS at 5% per annum compounded annually. To find : The COMPOUND INTEREST ? SOLUTION : The compound interest formula, Substitute the values, The amount is Rs. 8820. |
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