Find the amount to be paid at the end of 1 years on Rs 2,400 at 5% per annum compounded annually.
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Find the amount to be paid at the end of 1 years on Rs 2,400 at 5% per annum compounded annually
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Verified answer
Answer:
Rs. 2520
Step-by-step explanation:
P=Rs. 2400
R=5%
T=1