find the amount and the compound interest on rupees 12000 at 6 percent per annum compounded half yearly for 3/2 years.
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Find the amount and the compound interest on rupees 12000 at 6 percent per annum compounded half yearly for 3/2 years.
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Please refer this image file given below, you'll get the right answer with the equation.
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Answer:
A=P(1+r/200)^2n
so according to formula
to solve this question
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