Math, asked by hhh17, 1 year ago

Arif took a loan of rs.80000 frim bank. If the rate of interest is 10 persent per annum,find the difference in amounts he would be paying after 1 and half years,if the interest is (1)compounded annually (2)compounded half yearly.

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Answered by amyblessy

3

compounded annually: rupees 92,400
compounded half yearly: rupees 92,610

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