3. Find the CI on Rs. 12,000 for 1 1/2 years at 10% per annum compounded half-yearly.

Bryan Lee asked Aug 26, 2023

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34 votes

3. Find the CI on Rs. 12,000 for 1 1/2 years at 10% per annum compounded

half-yearly.

Bryan Lee asked Aug 26, 2023

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26 votes

Answer:

See below

Explanation:

12000 (1+.05)^3 = 13891.50 after 1 1/2 years...gain of 1891.50

Jerome Ansia answered Aug 31, 2023

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