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It is 90000*[(1 + 2/100)^5 - 1] = 90000*(1.02^5 - 1) = 90000*0.1040808 = 9367.27

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โˆ™ 2017-03-05 17:51:46
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Q: What is the compound interest of 90000 for 5yrs at 2 per annum(show your workings)?
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