Question

0.0 1. Calculate amount and compound interest on : ₹9600 for 1½ years at 8% p.a. compound half-yearly. .​

Answer 1

Answer:

Given, interest per annum=8%

so half yearly it will be 4%

P= 9600. T=1.5 years

so, Cl-9600x26x26x26/(25x25x25)-P

=10,798.7-9600

=₹ 1198.7