find compound interest of 12000 at 8% for 1 year the interest payable half-yearly is required to clear the load after 2 years
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a= p(1+r upon 100) duration
a= 12000=(1+8 upon 100) 1
a=12000=108 upon 100)
zero cute
a=120×108
a= 12960
another
a= 12000(1+8 upon 100)2
a= 12000(108 ×108 upon 10000)
zero cute
a= 12(108 ×108 upon 10)
a=12 (108 ÷ 10 108 ÷ 10 )
a= 12 (10.8 × 10.8)
a= 12 × 116.64
a=139968
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