Determine the amount of compound interest — task. Mathematics CBSE, Class 8.

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Find the compound interest on \(₹\)15516 for 4years at the rate of 8 \(\%\) per annum when compounded half-yearly. (Use:

{(1.04)}^{8}

\approx

1.37)

Answer:

The compound interest \(=\) \(₹\).

[Note: Submit the answer as a whole number.]

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9. Determine the amount of compound interest