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    Question

    if the interest is compounded half-yearly, calculate the

    amount when the principal  is Rs.4000, the rate of interest is 22%.solve the question
    A Rs.5204.9 Correct Answer Incorrect Answer
    B Rs.4928.4 Correct Answer Incorrect Answer
    C Rs.4288.8 Correct Answer Incorrect Answer
    D Rs.4825.5 Correct Answer Incorrect Answer

    Solution

    ATQ, To calculate the amount when the interest is compounded half-yearly, we can use the compound interest formula:

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