sum of
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What is the difference between the amount on 50,000 for 1 1/2-years at 4% per annum compound yearly
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and half yearly ?
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Answer:
the difference will be 5500 .
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1Answer:5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly? = Rs. 5304. ... The difference between the compound interest (compounding annually) and simple interest on a sum at the rate of 12% per annum for 2 years is Rs 360.
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