Tim borrowed 1,024,000 AED from a bank for one year. The bank charges interest of 5% per annum, compounded half yearly. What will be the amount he will have to pay at the end of 1 year. Find the interest paid by him.
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Answered by
2
Answer:
A=1024000×5/100
A=1024000×1/20
A=512000
Answered by
0
Answer:
A=1024000×5/100
A=10240×5
A=51200
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