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Find the amount and the compound intrest on 8000 at 5 % per annum for 2 yrs. plzz dont spam |
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Answer» Answer: 820 Step-by-step explanation: Principal = 8000 rate = 5% Amount = P(1+ R/100)^n = 8000(1+5/100)² = 8000* (1+1/20)² = 8000 *( 21/20)² = 8000 * 441/400 = 20 * 441 = 8820 /- :. CI = Amount - Principal = 8820 - 8000 =. 820. Hope it Helps |
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