Question

1 year 6 months at 8% per annum?
The interest earned on 320,000 at the
rate of 20% per annum for 1.5 years if
compounded half-yearly is how much
more than the simple interest earned
on the same amount at the same rate of
interest for the same period.​

Answer 1

Answer:

per year 12months 1year is 6 months 12x6,000 =72000