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Selina Solutions Class 9 Mathematics Solutions for Exercise 2(A) in Chapter 2 - Chapter 2- Compound Interest [Without Using Formula

Question 1 Exercise 2(A)

₹ 16,000 is invested at 5% compound interest compounded per annum.

Use the table, given below, to find the amount in 4 years.

Question 1 Image - Selina Solutions CONCISE Maths - Class 9 ICSE chapter Chapter 2- Compound Interest [Without Using Formula

Answer:

Selina Solutions CONCISE Maths - Class 9 ICSE chapter Chapter 2- Compound Interest [Without Using Formula Question 1 Solution image

Thus, the amount in 4 years is ₹. 19448.10.

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