Math, asked by ayush12800, 19 days ago

Find the compound interest on ₹1000 at 8% per annum for 6 montha, compounded semi annually.


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Answers

Answered by riz1cr7
1

₹40

Step-by-step explanation:

Semi annually= 6 months

8 % per annum = 4% in 6 months

Compound interest= 1000 × 4/100 = 40

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