Question

If a sum of Rs.4800 is deposited in a bank for 4 years paying S.I of 6 1/4 % p.a then find amount Rs 62500 for 1 1/2 years at 8% per annum compounded half yearly pleasee

Answer 1

Find the amount and the compound interest on Rs 2500 for 2 years at 10% per annum, ... a sum of Rs 6250 in the Allahabad Bank for 1 year, compounded half-yearly at 8% per annum.

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