- A person borrowed 8000 at 5/2 % per annum under S. I. The sum borrowed is immediately given to another person at the same rate on the condition that the interest is compounded semi-annually. Find the amount gained by the first person in one year
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The sum borrowed is immediately given to another person at the same rate on the condition that the interest is compounded semi-annually. Find the amount gained by the first person in one year
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