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Arun took a loan of Rs 40,000 from a branch of a bank. The rate of interest is 5% per annum.

Find the difference in am

By Jade

Arun took a loan of Rs 40,000 from a branch of a bank. The rate of interest is 5% per annum.

Find the difference in amounts she would be paying after 1 ½ years if the interest is compounded

annually and compounded half yearly?​

About the author
Jade

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