Question

1
c. Find the Amount and Compound interest on Rs.4,000 for 15 years at 12% p.a
2
compounded half yearly.​

Answer 1

Answer:

HERE IT IS:-

Step-by-step explanation:

1 C) 1st year = 4000*12*1/100

= 480

Amount = 4000+480=4480

2nd year = 4480*12*1/100

=89.60

Amount = 4480+89.60=4569.6

compound Interest = 569.6.

2) To find compound interest when interest is compounded half yearly, we use the following formula. A = P (1 + r/2)2nand C.I = A - P where, P = principal R = rate in percent p.a.(per annum i.e. annually)

PLZ MARK ME AS BRAINIST..................................,

AS IT TOOK A LOT OF TIME TO SOLVE THIS!!!