Find the compound interest when a sum of Rs 10,000 is invested for 1 year at 4 % per annum componded half yearly.
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10,000 in 2 years at 4% per annum, the interest being compounded half-yearly. Explanation: Principal = Rs. 10000; Rate = 2% per half-year; Time = 2 years = 4 half-years.
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