calculate the amount and compound interest on rupees 10000 for 1 year at 8% per annum compounded half yearly??????
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Answered by
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A= P(1+R/100)^n
A=10000(1+8/100)^1
A=10000 x 108/100
So, A= 10800//
CI= A-P
10800-10000
=800//
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find the compound interest on rupees 1000 for one year and three month at 8% per annum compounded annually
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