The Compound Interest on Rs. 16000 for 1/2 years at 10% p.a. payable half yearly
is
(3 Points)
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Step-by-step explanation:
cl=p(1+r/100) - p
16000(1+10/200)^³-16000
16000*21/20*21/20*21/20-16000
= 18522-16000
= 2522 it is interest
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