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" hank offers 40% compound interest compounded half yearly.A customer deposits Rs 7600each on 1st January and 1s July of a year.At the "

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A bank offers 5% compound interest calculated on half- yearly basis. A customer deposits 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is

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