computer the compound Interest RS-10000 for 1 year 6 month at 10%. per annum Compounded half yearly
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Compounded half yearly:
A=P(1+r/200)2n×(1+br/100)
=10000(1+10/200)²×(1+½×10/100)
=10000(1.1025)(1.05)
=11576.25
Amount =Rs.11,576.25
CI=A−P=Rs.1576.25
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