Find the compound interest on Rs. 10000 at 10% rate of interest for 1 year, compounded half-yearly.
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Answer:
Step-by-step explanation:
Go through formula--
A=P(1+r/100)^n
A=1000(1+10/100)^2
Power 2 cause ci 6monh per lag rha h so year Mai 2 time lagega
1000(110/100)^2
1000(11/10)^2
1000(121/100)
100*121= 12100 Ans
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