In what time will Rs. 2000 amount to Rs. 2662 at 20% per annum compounded half yearly ?
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Answered by
2
Answer:
20% per annum compounded half yearly = 1.10 after every ten of half year. So after 18 months period 2000/- shall become 2662/- with 20% interest per annum compounded half yearly.
Answered by
0
Answer:
18 months
Step-by-step explanation:
20% per annum compounded half yearly = 1.10 after every ten of half year. So after 18 months period 2000/- shall become 2662/- with 20% interest per annum compounded half yearly.
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