Business Studies, asked by aryansah2842, 1 year ago

Calculate the amount and ci on 27000 for 3/2 years at 20/3 years of pay the interest being compounded semi-annually.

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Answered by Anonymous

Explanation:

. half-yearly. Computation of compound interest by using growing principal becomes lengthy. ... Number of years (n) = 112 × 2 = 32 × 2 = 3. Rate of interest ... A = $ 8,000(1 + 120 )3.

Answered by Anonymous

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