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Mathematics, 24.08.2020 01:01 XxDonaldTrumpxX452

E) A person deposited Rs 80,000 in a bank at the rate of 12% p. a. interest compounded semi-annually for 2 years. After one year the bank revised it's policy to pay the
interest compounded annually at the same rate. What is the percentage differenc
between the interest of the second year due to the revised policy? Give reason wit
calculation.

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