find the amount and the compund interest on rs.8000 for 1 year at 8% per annum compound half yearly
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Amount = 8000 × 26 ÷ 25 × 26 ÷ 25 = 12.80 × 26 × 26 = ₹ 8652.80 , Compound Interest = ₹ 8652.80 – ₹ 8000 = ₹ 652.80
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