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100 will become after 20 years at 5% p.a compound interest amount of
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100 will become after 20 years at 5% p.a compound interest amount of R...
PRINCIPAL=100
RATE OF INTERESTE(r)=5
TIME(T)=20
COMPOUND INTEREST=P×(1+r/100)20
=100×(1+5/100)20
=100×(1+.05)20
=100×(1.05)20
=100×2.65329771
=265.32
CI=265.32
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100 will become after 20 years at 5% p.a compound interest amount of Related: Time Value of Money (Part - 2)?
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