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The compound interest for 2 years on 100 at the rate of 10% per year, calculated annually is--- |
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Answer» Compound INTREST =21 Step-by-step EXPLANATION: Compound INTEREST= PRINCIPAL (1+r/100) so 100 *(1+10/100) =11*11=121 Amount=121 Principal=100 Intrest=121-100=21 |
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