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II(iii) the interest accruel III15,000 for 18 months at a6. Geeta borrowedcertain rate of interest compounded semi-annually. If at the end of six months itamounted to 15,600; calculate :(i) the rate of interest per annum.(ii) the total amount of money that Geetamust pay at the end of 18 months inorder to clear the account. |
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Answer» From where did you get 48.96 |
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