Compound Interest Grade 8 - Edugain Math
(6) The compound interest on $3000 for 6 months at 10% per annum compounded half yearly = $ . (7) Thomas bought a farm at $400000. If its value appreciates at the rate of 10% per annum, the value of farm after 2 years = $ . (8) John borrowed $ 3000 from a bank at the interest rate of 20% per annum compounded annually. ................
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