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rs. 1000 becomes 2000 in 5 yrs. If the compound interest is credited half-yearly, then find the rate of interest per annum....?

Aditi Chauhan , 13 Years ago
Grade 10
anser 1 Answers
Chetan Mandayam Nayakar

Last Activity: 13 Years ago

2000 =1000(1+((r/100)/2))^10, r is rate of interest per annum

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