What is the amount on loan of Rs 15,000 for 1(1/2)years (one and a half year) at 10% per annum compounded half yearly.
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Answer:
Here is your answe
Step-by-step explanation:
Here P=15,000 Rs., n=1½years, R=10
Amount(A)=P(1+
100
R
)
n
=15000(1+
100
10
)
2
=15000(
10
11
)
2
=
100
15000×121
=17,520 Rs.
Compound interest(C.I)=A−P=17,520−15,000=2520
Hence, the compound interest is Rs. 2,520
If u r satisfied mark me as brainliest
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