veena borrowed rs 20000 from a money lender at the rate of 4% per annum for 3/ 2 years compounded half yearly find the amount she has to pay at the end of 3\ 2 years.
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4% of 20000 is 800
In 3/2 years it becomes 1200
Amount = principle + interest
=20000+1200
= 21200
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