Math, asked by nageenabano5678, 3 months ago

Puneet took 2,20,000 from his friend Ramneet at the
rate of 12% p.a. compounded annually for 2 years
1
2
and gave this money to this friend Rajesh at same rate
for same time but compounded half-yearly.
Find the earning of Puneet in this transaction.

Answers

Answered by shilpabn501

4

Rate = 12% PA compounded half yearly = (12/2) = 6% PA

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