Discussion

Explanation:

Amount due = $P{\left(1+\frac{r}{100}\right)}^n$

When we have incomplete years, we calculate the amount due for complete years on CI basis and then for the incomplete year we calculate amount due on SI basis.

Amount due = $2000{\left(1+\frac{10}{100}\right)}^2\times \left(1+\frac{10\times {\displaystyle \frac{1}{2}}}{100}\right)= 2541$

Hence, 2541.

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