Find compound interest on ₹ 10,000 for the 6th year when the rate of interest is 10% p.a.
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Principle amount=10,000
Time=1.5 years= 3 half years
Interest rate=10% per year=5% per half year
A=P(1+R100)n
A=10,000(1+0.05)3 A=10,000(1.157) A=11576 Rs
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