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A sum is taken for 2 years at 12% per annum. If the interest is compounded every 6 months, how many times will the interest be charged in 1 year?

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Related Test: Class 8 Maths Practice Test: Comparing Quantities - Compound Interest


A sum is taken for 2 years at 12% per annum. If the interest is compounded every 6 months, how many times will the interest be charged in 1 year?






 
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