If interest is compounded half-yearly, find the compound interest on ₹8,000 at the rate of 20% per annum for 1 year.
Question
If interest is compounded half-yearly, find the compound interest on ₹8,000 at the rate of 20% per annum for 1 year.
If interest is compounded half-yearly, find the compound interest on ₹8,000 at the rate of 20% per annum for 1 year.