Find the difference between C.I and S.I on Rs:5,000 for one year at 2% p.a if the interest is compounded half yearly.
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Step-by-step explanation:
si for 1 year= pnr
=5000×1×2%=5000×.02=100
A= p(1+(2%/2))^2=5000×1.01^2=5100
ci=5100-5000 =100
ci-si=100-100=0
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