find compound interest paid when a sum of Rs. 10000 is invested for 1Year and 3 months at 17/2% per annum compounded annually.
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p=10000
r=17/2 = 8.5
t =1 year
I=PRT/100
i=10000×8.5×1÷100
i=850
ci=10000+850
=10850
10850 × 8.5×1÷100×4
=230.56
CI=10850 + 230.56
=11080.56
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