A sum taken for 1by1/2 years at 8% per annum is compounded half yearly​

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A sum taken for 1by1/2 years at 8% per annum is compounded half yearly​

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Nevaeh 1 month 2021-08-20T17:51:53+00:00 1 Answer 0 views 0

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    2021-08-20T17:53:11+00:00

    Step-by-step explanation:

    When a sum is taken for 1 &1/2 yrs at 8% per annum compounded half-yearly then the rate of interest is 4% per half-year & the time period is 3 half-years.

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