find the compound interest of of 5000 at 4% per annum for 3 Year compound annually
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0
Answer:
P = Rs.5000, r = 4% p.a. = 2% per half year
T = 1 year = 2 half years ⇒ n = 2
∴C.I.=A−P=5000(1+
100
2
)
2
−5000=5000×[(
50
51
)
2
−1]=5000[
50
2
(51)
2
−(50)
2
]
=5000×
2500
(51−50)×(51+50)
=2×101=Rs.202
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Answer:
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