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Mathematics, 06.09.2020 18:01 momo1039

A person deposited rs16000 in a bank M for two years at 10% compound interest annually. But after one year, the policy of has been changed by bank and decided to pay semi-annual compound interest at the same rate. What is the percentage difference between compound interest of the first and second years?

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A person deposited rs16000 in a bank M for two years at 10% compound interest annually. But after on...
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