find the difference between the compound interest on Rs 120000 for 1 years at the rate of 20% per annum, when compounded half yearly and quarterly
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Answer:
P=120000,T=1year,R=20%. Therefore CI=P(1+r/100)^T+1. ... CI=164000.12-Feb-2018
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Answered by
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Answer:
Answer. P=120000,T=
1year,R=20%.
Therefore CI=P(1+r/100)^T+1. ...
CI=164000
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