Find the CI when Principle = 15000 and Rate = 12% And time = 2 yrs compounded half yearly
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Answer:
SI=3600
Step-by-step explanation:
P=15000
R=12%
T=2yrs
SI=?
SI=PxRxT/100
SI=15000x12x2/100
cut the zeroes
=150 x 12 x2
=150 x24
=3600
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