Mathew invested 25000 at 15% per annum for 3 years,
interest compounded annually and 25000 at 10% per annum
for 1 ½ years, interest compounded half – yearly. Find the
difference in the interests.
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Answer: Amount=P(1+r100)t
Amount=25000(1+4100)1
After 2 years
Amount=25000(1+4100)(1+5100)
A=27300
option c is correct.
Step-by-step explanation:
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