calculate the compound interest on Rs.15625 for 3/2 years at 8% per annum, compounded semi-annually
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Step-by-step explanation:
P=15625 R=8%. t=3/2 ×2=3years
amount=P(1+R/2×100)³
=15625(1+8/2×100)³
=15625(26/25)³
=17576
CI=A-P
=17576-15625
=rs1951
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