if principal 6000 and rate 5% per annum then find the amount in one year interest compound half yearly
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principal = 6000
rate = 5%/2=
time = 1×2 =2 years (interest is calculated in half yearly )
A = p (1+r/100)^t
A = 6000 (1+5/2×100)^2
A = 6000×205/100×205/100
A = 25215 rupee
Hope it will help you
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