Question

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please solve this problem,

QUESTION 1)
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Himachal Pradesh state electricity board issued in July 1988,20 year bonds worth RS 6.25 crore. the issue price of each bond is Rs 100 and carries an annual interest of 11.5%, compounded half-yearly. Jasbir invested RS 5000 in these bonds. find the amount that he get on maturity of the bonds in 2008
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Answer 1

Answer:

the above answer is very correct

Step-by-step explanation:

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Answer 2

Answer:

it is the correct answer