Neha borrowed Rs 64,000 from bank for 1 1/2 years at the rate of 10% per annum. Compute the total compound interest payable by Neha after 1 1/2 years, if the interest is compound half yearly.
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Answer:
Step-by-step explanation:
p=64000
t=11/2
r=10%
s.i =p x t x r/100
=64000 x 11/2 x 10/100
=35200
a= p+si
=64000+35200
=99200
SamarthD:
the question is not to find SI! he asked to find compound interest
Formula is c. i =[ (1+ R/100) raise to n -1]
wrong
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