Question

1.Calculate the amount and CI on Rs.15000 for 1 years at 10%p.a compounded

half yearly.​

Answer 1

Answer:

(i)

A=P(1+

100

r

)

n

=15000(1+

100

10

)

2

=Rs18150

CI=A−P=Rs3150

(ii)

A=P(1+

100

r/m

)

n∗m

=156250(1+

100

8/2

)

1.5∗2

=Rs175760

CI=A−P=Rs19510

(iii)

A=P(1+

100

r/m

)

n∗m

=100000(1+

100

4/4

)

0.75∗4

=Rs103030.1≈Rs103030

CI=A−P=Rs3030

Answer 2

Answer:

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