compute the compound interest rs.12000 for 2 years at 20 percent per annum, When compound half yearly
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Answer:
Step-by-step explanation:
Interest for 6 months = PxRxt/100
=12000x20x0.5/100
=1200
New amount=13200
Now interest =1320
*new amount= 14520
Simply follow these steps until 4 times
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