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Answer:
Here. Principal (p)= Rs 20000
Rate of interest =r=8% per annum
Time =1 year
Half yearly interest =r/2
Number of times interest paid =2
Compound interest = p[1+(r/2)/100]^2n
= 20000[1+(8/2)/100]^2*1
=20000[1+4/100]^2
=20000[104/100]^2
=20000*104/100*104/100
=2*104*104
=Rs1632
Explanation:
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