Peter invested rupees 240000 for 2 years at 10% per annum compounded annually if 20% of the accrued interest at - Maths - Compound Interest

Question

Peter invested rupees 240000 for 2 years at 10% per annum
compounded annually if 20% of the accrued interest at the end of
each year is deducted as income tax, find the amount he received at
the end of 2 years

Parthib Biswas · Answer

I think this will be the answer
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Peter invested rupees 240000 for 2 years at 10% per annum compounded annually if 20% of the accrued interest at the end of each year is deducted as income tax, find the amount he received at the end of 2 years