find the compound interest on rs 3500 after one year of compounded half yearly
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where is the rate of interest??
Ok! I Will compute the compound interest by assuming the figure of R
A= P(1+i/m)^m×n
=3500(1+i/2)²×¹
=3500(2+i/2)²
C.I =A-P
={3500(2+i/2)²}-3500
If you give the rate of interest , then you will get the more correct answer.
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