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What is the compound interest onra.5000 for 4 yeras if the rate of interest is10% pa for the 1 st 2 years and 20% pa for the next 2 years |
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Answer» Answer: 3168 Step-by-step explanation: Given, SUM is 5000 time 4 YEARS CI for 2 years at the rate of 20% formula R+R+R^2/100 20+20+20*20/100 44% For 1st 2 years 44%of 5000=2200 for 2nd 2 years 5000+2200=7200 44%of 7200=3168 |
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