rahim invested rs.48000 at an interest of 8% per annum compounded half yearly. what amount he will get after 6 months and after 1 year
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Step-by-step explanation:
half yearly = 48000*(8/2)% = 1920
Amount After half year = 48000+1920= 49920
CI After 1yr = 49920*4% = 1996.80
Amount after 1yr = 49920+1996.80 = 51916.80
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