find the compound interest on rupees 100 at the rate of 10% per annum for 18 months. when interest in compounded half yearly
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P=1000, R=10%,T=18months or3/2 yrs....
A=P(1+r/2*100)^n =1000(1+10/2*100)^3/2*2
=1000*21/20*21/20*21/20
=9261/8
=1157.625
CI=A-P
=1157.625-1000
=157.625
I hope it may help you
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