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Determine the compound interest on \(₹\)2705 for 4 years at the rate of 4\(\%\) per annum
(i) compounded annually
(ii) compounded half-yearly
(Use: 1.17 and 1.37)
Answer:
The interestcompounded annually \(=\) \(₹\).
The interestcompounded half-yearly \(=\) \(₹\).
[Note: Submit the answer as a whole number.]
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