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5. Mr. Ajit deposits 9000 in his bank account that pays 8% compound interest per year. Find the
total amount in his account after 2 years if the interest is compounded (a) yearly; (b) half-yearly.
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Answer:
half yearly is the correct answer hope it helps you
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Answer:
Mr. Ajit deposits 9000 in his bank account that pays 8% compound interest per year. Find the total amount in his account after 2 years if the interest is compounded (a) yearly; (b) half-yearly.
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