find the compound interest on 10000 at 12% pa for(1½) years if the rate interest is compound semi anually
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Answered by
1
Answer:
1200it should interest compound for semi anually
Answered by
1
Answer:
Answer=240
Step-by-step explanation:
the principal=10000
Rate per annum=12%
year=(1¹/2)=1/2×1/2=1/4=0.4
S.I = principal×rate×year/100
= 10000×12%×4/100×10
= 240
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