what sum will become Rs 4590 in 1 1/2 years if the rate is 12.5 compounded annually
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1
Answer:
3155.7
Step-by-step explanation:
given:
p=4590
r= 12.5
t= 11/2 = 5.5
therefore....
si = p×r×t / 100
si = 4590×12.5×5.5 / 100
si = 315562.5 / 100
si = 3155.7
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