Find the compound interest on Rs. 7500 for one year at 8% p.a. compounded half – yearly. Also find the amount.
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Answer:
the compound interest is 1248 and the ammount is 8748
Step-by-step explanation:
ammount = sum + compound interest = sum(1+r/100) sum= 7500 r= 8% t=2
compound interest = ammount - sum
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