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Calculate the amount obtained if Sh.60,000 is invested for 2 years at the rate of 8% per annum compounded semi-annually

Answers

A= 60,000 ( 1 + 8 x1)4
=60,000 (1.04)4
=70,191.51

Kavungya answered the question on September 23, 2019 at 05:56

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