Math, asked by Mystic008, 6 months ago

Michael borrowed ₹16000 from a finance company at 10% per annum, compounded half yearly. What amount will discharge his debt after 1 1/2 years

Answers

Answered by avengerreneshchowdar

3

Rate of interest or R = 10 % per annum or 5 % per half year. Time or n = 3/2 = 3 half years. = Rs. 18522 Answer

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