Vijay deposits 200 000 rupees in an account that compounds interest half-yearly

MATHEMATICS · Subjective · CBSE · Mathematics · Fractions in Disguise · Fractions in Disguise

Problem

Vijay deposits 200 000 rupees in an account that compounds interest half-yearly. 6 years later, the account has balance 250 680 rupees. Use technology to calculate the annual rate of interest.

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