find the amount and the compound interest on ₹20000 for1yearsand 1/2 years at 10%per annum compounded half yearly would this interest be more than the interst he would if it was compouned annauly.
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Answer:
principal = rs 20000
time = 1/2year = 0.5
rate = 10 %
Simple Interest = p × r × t
100
= 20000 × 10 × 0.5
100
= Rs 1000 . this is answer.
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