Question

P = 3 5000, time = 2 years, rate = 12
$12 \times \frac{1}{2}$
% per annum with interest being compounded
half-yearly​

Answer 1

Answer:

What is the difference between the compound interests on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly? = Rs. 5304.

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