Question

What is the ratio of compound interest payble at 10%per annum for1.5year yearly and half yearly?

Answer 1

Answer:

$1.5 \times 10\% \\ \\ \frac{1.5 \times 10}{100} \\ \\ \frac{15 \times 10}{1000} \\ \frac{150}{1000 } \\ = \frac{3}{20} .$

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