Fill in the blanks to make the statements true.
The compound interest on Rs 8,000 for one year at 16% p.a. compounded half yearly is _________, given that (1.08)2 = 1.1664.
Given, principal(P) = ₹8000
Time period (7) = 1yr
Rate (ft) = 16% per annum compounded half-yearly
Couldn't generate an explanation.
Generated by AI. May contain inaccuracies — always verify with your textbook.
