find compound interest on rs 31250 at 12% per annum for 1\2 years
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Answer:
1822
Step-by-step explanation:
formula is=p(1+(r/100))^n
31250(1+(12/100))^(1/2)=31250(1.12)^(.5)=31250(1.058)=33072
interest amount=33072-31250=1822.
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