What amount will be received after investing rupees 20,000 for 1 year and 6 months at the rate of 8% when interest is accumulated annually
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Answer:
Step-by-step explanation:
p= 20,000 t= 18 r= 8%
I= pxrxt/100
28800
A= I+P
A= 28800-20000
A= 8800
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