Mathematics, 26.06.2021 14:00 madeleine1102
A person deposited Rs. 80,000 in bank 'P' for 2 years at the rate of 10% annual compound interest. But after one year bank has changed the policy and decided to pay semi-annual compound interest at the same rate. What is the percentage difference between compound interests of the first year and second year? Give reason with calculation:
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A person deposited Rs. 80,000 in bank 'P' for 2 years at the rate of 10% annual compound interest. B...
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