Find compound interest paid When a sum of 20000 is
invested for 1 year and 3 months et 81\2% per annum
compounded annually
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Answer:
Find compound interest paid when a sum of Rs 10000 is invested for 1 year and 3 months at 821% per annum, compounded annually. ... interest is compounded). P=10850,R=8.5%, T=3months =123years=0.25years.
Interest =100PRT.
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