2. Find the compound interest on 60,000 at the rate of 10% per annum f – InterviewSolution

1.	2. Find the compound interest on 60,000 at the rate of 10% per annum for 1whole1/2 years wheninterest is compounded half yearly
Answer» USE the formulaCompound INTEREST = AMOUNT - PRINCIPAL = 69457.5 - 60000= ₹ 9467.50

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