find interest earned in the first year on rs400 at 20%pa compound interest, the interst being compounded half yearly
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4
Answer:
84
Step-by-step explanation:
Because the interest compound half yearly
When interest calculated half yearly rate will be half and time will be double.
P = 400, R = 20 % P.A , T = 1 year
= 40 + 40 + 4
= 84
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