Principal10000,time2year,rate20% find CI.(half yearly calculated
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P=10000
R=20%(p.a)
T=2yrs
Since compounded half yearly
P=10000 R=10% t= 4yrs
CI=A-P
A=p(1+r/100)raised to power time
=10000(1+10/100)raised to 4
=10000*11/10*11/10*11/10*11/10
=11*11*11*11
=14641
CI=14641-10000
=4641
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