Calculate the compound interest on 5000 at the rate of 15% per annum for 2 years. Tavanti borrowed a sum of 16000 at compound interest to purchase a washing machine at the rate

Calculate the compound interest on 5000 at the rate of 15% per annum f

1.	Calculate the compound interest on 5000 at the rate of 15% per annum for 2 years. Tavanti borrowed a sum of 16000 at compound interest to purchase a washing machine at the rate
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