A sum of 31250amounts to 35152 in 3\2year.find the rate per annum interest being
compounded semi annually.
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Amount =p(1+r/100)power time
35152 = 31250(1+r/100)power3
35152/31250 =(1+r/100) power 3
17576/15625=(1+r/100)power3
May this helps you
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