1.

Calcualte the C.I. on Rs 3,500 at 6% per annum for 3 years, the interest being compounded half-yearly. Do not use mathematical tables. Use the necessary information from the following: (1*06)^(3)=1*19106,(1*03)^(3)=1*092727 (1*06)^(6)=1*418519,(1*03)^(6)=1*194052

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ANSWER :RS 679.18


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