Question

Find interest on 5000 for 2 years at the rate of 5% compounded half - yearly​

Answer 1

Answer:

Given:

Principal, (P) = Rs.5000

Amount, (A) = Rs.5832

Time, (n) = 2 years

Thus,

The rate percent of compounded annually per annum will be 8% .

Answer 2

Answer:

8 percentage

Step-by-step explanation:

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