A bank offers 5% compound interest per half year. A customer deposits Rs 4800 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest?
The principal that amounts to Rs.4913 in 3 years at 413% per annum compound interest compounded annually is
The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is = ?
If Rs. 2,000 is invested at the rate of 20% per annum, compounded half-yearly, then the amount after 18 months will be: