Question

heera associate let out 400000 for 1 yr at 16% per annum compounded annually how much they could earn if the interest is compounded half yearly

Answer 1

let's see.
they'll earn
annum compound= 464000 rupees
half yearly compound= 466560 rupees
so they'll get 466560-46400= 2560 more interest.

Answer 2

$sarika@_@$

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