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

asked Jun 1, 2023 130k views

5 votes

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

half-yearly.

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4 votes

Answer:

See below

Explanation:

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

Keith Elder answered Jun 5, 2023

5.7k points

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