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The principal is Rs.30,000 the interest rate is 12%. Calculate the total value after 2 year using compound interest.

The principal is Rs.30,000 the interest rate is 12%. Calculate the total value after 2 year using compound interest.
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The principal is Rs.30,000 the interest rate is 12%. Calculate the total value after 2 year

using compound interest.

User Etgar
by
8.2k points

2 Answers

1 vote

Answer:

37632

Explanation:

An=A(1+12%)²

User Elyptikus
by
8.2k points
1 vote
Total value=
112/100 x 112/100 x 30,000
= 37632 Rs
User Stevethecollier
by
8.9k points
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