rupees 2000 at 20% p.a. compounded half yearly in 1 and half year will amount to
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Answered by
1
Answer:
P = Rs 2,000. r = 20% per annum.. r = 10% per half year. So the interests are : Rs 662, and Rs 1, 543.12 respectively
Answered by
15
Answer:
PRINCIPAL=2000
RATE OF INTEREST=20%p.a.= 10% per half year
TIME= 1 1/2year= 3half year
AMOUNT =p(1+r/100)^t
=2000(1+10/100)^3
=2000(1+1/10)^3
=2000×11/10×11/10×11/10
=2×11×11×11
=2662
Therefore, amount will be Rs.2662
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