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By using the formula, find the amount and compound interest on: The simple interest on a sum of money for 2 years at 8% per annum is Rs. 2400. What will be the compound interest on that sum at the same rate and for the same period? |
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Answer» By using the formula, find the amount and compound interest on: The simple interest on a sum of money for 2 years at 8% per annum is Rs. 2400. What will be the compound interest on that sum at the same rate and for the same period? |
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