. please please please answer me this problem please and I will be mark U the brainliest if you answer me this problem
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Step-by-step explanation:Given Principal =64000. Rate of interest = 20% P.A. n = 1.5 years.We know that A = P(1 + r/100)^nWhen the interest is compounded semi-annually.A = P(1 + r/200)^2n = 64000(1 + 20/200)^3 = 64000(11/10)^3 = 64000 * 1.331 = 85184.We know that CI = A - P = 85184 - 64000 = 21184.We know that SI = PRT/100 = 64000 * 20 * 3/100 * 2 = 64000 * 60/200 = 19200.Difference between Simple Intrest and Compound Intrest = 21184 -19200 = 1984.
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