What is the compound interest on rs 20000 lent out for 3 years at 10%par annum interest paid every six month
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As we have seen in the previous exercise, the method of computing compound interest was very lengthy and requires more time to solve. In Exercise 14.2 of Chapter 14, we shall discuss some formulae for the computation of compound interest, which becomes very easy to solve and less time-consuming. Students can access the RD Sharma Solutions which is formulated by our expert faculty team with cares to help students prepare for their exams without any hassle. Students can refer and download the pdf from the links given below
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