Math, asked by monagoyal5462, 11 months ago

Mrs herox associates let out 400000 for 1 year at 16% per annum compounded annually how much they could a if the interest is compounded half yearly

Answers

Answered by aitbarbil
3

Step-by-step explanation:

A=400000(1+8/100)^2

=466560

CI=400000+466560

=866560

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