6. Find the compound interest on 2,500 at 6% p.a. for 2 years, compounded half-yearly. Also find the amount.
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6. Find the compound interest on 2,500 at 6% p.a. for 2 years, compounded half-yearly. Also find the amount.
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Answer:
2813.77
Step-by-step explanation:
2500*1.03*1.03*1.03*1.03 =2813.77