find the difference between simple interest and compound interest on rupees 2000 for 1 and half years at 6% per annum compound interest being reckoned half yearly
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Answer:
simple interest==2000*3*3/100*=180
compound interest=2000*103%*103%*103%=2185.45-2000=185.45
difference=185.45-180=5.45?
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