find the amount of ci of rs 50000 in 1(1/2) years at 10%per annum compounded half yearly
pls answer fast as it is very urgent also pls give step by step explanation.
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Answer:
1st year interest = 50000*10/100=5000
new principal= 50000+5000=55000
2nd year interest for 6 months=55000*10/200=2750
so, total amount of c.i.= 5000+2750 = 7750
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