Let us write by calculating the amount on rupees 80000 for 2 1/2 years at the rate of 5% compound interest per annum.
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Answered by
9
Answer:
90405
Step-by-step explanation:
A = P (1+ R/100)^time
for calculating half year interest we change rate to half of given rate.
A= 80000(1+5/100)^2 (1+5/200)
A = 90405
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