What is the compound interest (in ₹) on a sum of (₹ 62,500) for 2 years at 12 % p.a., if the interest is compounded 8 mo…
Q1
What is the compound interest (in ₹) on a sum of (₹ 62,500) for 2 years at 12 % p.a., if the interest is compounded 8 monthly?
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