Question

1. Find the compound interest on 15000 for 1 year at 16% per annum compounded half-yearly.
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Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer:

here is your answer

1. if it is compounded half yearly then you have to divide rate of interest by 2 and time is multiplied by 2 and

if it is ask that compounded quarterly then you have to divide rate by 3 and you have to into time by 3

hope it help you