Find the present value of Rs. 3000 due after 3 years when the rate of interest is 12% per annum compounded half yearly
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P-3000
T-3
R-12%
P*R*T
———
100
3000*3*12
——————
100
30*3*12=1080
T-3
R-12%
P*R*T
———
100
3000*3*12
——————
100
30*3*12=1080
parinitapaul18p8g6aw:
but she said that SI
ohhhhh
So, what is compound interest???
ok
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