A sum of money is invested at 20 % compound interest (compounded annually). It would fetch 723 more if interest is compound half-yearly. The sum is –
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Q:
A sum of money is invested at 20 % compound interest (compounded annually). It would fetch 723 more if interest is compound half-yearly. The sum is –
- 1₹ 20,000false
- 2₹ 7,500false
- 3₹ 72,300true
- 4₹ 30,000false
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