Geeta borrowed rs 15000 for 18 months at a cetane rate of interest compounded semi annually .If at the end of six months it amounted to rs 15600;calculate 1. rate of interest per annum.2. total amount of money that Geeta must pay at end of 18 months in order to clear the account
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Vikas11111yhh:
in my rate percent is given 8 %
srry .....there is a mistake in my ans .....yor ans is correct ......in 6 mnth rate is 4% so in a year rate is 4×2= 8%
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here is ur answer mate
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