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The semi annual compound amounts of a sum of money in 1 year and 2 years are 400 and 441 respectively. Find the annual compound interest for 2 years.

The semi annual compound amounts of a sum of money in 1 year and 2 years are 400 and 441 respectively. Find the annual compound interest for 2 years.

Grade:10

1 Answers

Saurabh Koranglekar
askIITians Faculty 10335 Points
4 years ago
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