find the compound interest on rs. 5000 for 1 year at 8 percentag per annum, compounded half yearly
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Answer:
very simple
p=5000
t =2 h.y
r = 8%
find c .I
Step-by-step explanation:
interest of one half yearly = p * r* t /100
= 5000* 4*1/200
I =
new principle =amount of one year
= 5100
interest of second half yearly =p*r*t/100
C I
=102
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