find the compound interest if the principal is rupees 3000 and rate equals to 10% per annum compounded half yearly and time equals to 2 years
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Amount = principal ( 1+ rate / 100)^n
= 3000 ( 1+ 10/100)^2
= 3000 ( 110/100 )^2
= 3000 × 110/100×110/100
= 3630
HOPE IT WILL HELP YOU
= 3000 ( 1+ 10/100)^2
= 3000 ( 110/100 )^2
= 3000 × 110/100×110/100
= 3630
HOPE IT WILL HELP YOU
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