Question

10. Himachal Pradesh State Electricity Board issued in
July 1988, 20 year bonds worth * 6.25 crore. The
issue price of each bond is * 100 and it carries an
annual interest of 11.5%, compounded half-yearly.
Jasbir invested 5000 in these bonds. Find the
amount that he gets on maturity of the bonds in
2008.





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Answer 1

Answer:

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Answer 2

Answer:

answer is

$46793.45$

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