find the compound interest that madam will get from a company on his fixed deposit is equal to principal is equal to 6000 after time is equal to 3/2 to rate is equal to 10% If interest is payable half yearly
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Answer:
945.75
Step-by-step explanation:
3/2 years =1 year 6 month
1 half yearly=6000*10*1/100*2
Ci for 1 half yearly=300
2 half yearly=6300*10*1/100*2
Ci for 2 half yearly=315
3 half yearly=6615*10*1/100*2
Ci 3 half yearly =330.75
total Ci =CI1 +CI2+CI3
=300+315+330.75
=945.75
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