Rs 10,000 deposited into SBI for 3 yrs
At 8 percent rate of interest compounded semiannually
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You start with 10000 today.
After one year your invested money would have grown to 10800 at end of year one.
At end of year 2 your money would have grown to 10800*1.08 = 11664.
At end of year 3 your money would have grown to 11664*1.08 = 12597.12
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