find compound interest on ₹ 5000 for 1 year if the rate of interest of 4% payable half yearly
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Answer:
I=PTR÷100= (5000×0.5×4) ÷100=10000÷100=$100
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Step-by-step explanation:
CI =5000*51/50*51/50
CI=51*51*2ANS
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