Question

1. Calculate the amount and compound interest on
(a) * 10,800 for 3 years at 12 % per annum compounded annually.
(b) 18,000 for 2 years at 10% per annum compounded annually.
. 362,500 for 1ź years at 8% per annum compounded half yearly.
(d) 8,000 for 1 year at 9% per annum compounded half yearly.
(You could use the year by year calculation using SI formula to verify).
(e) 10,000 for 1 year at 8% per annum compounded half yearly.​

Answer 1

Answer:

A). 15173.2224

B) 21780

C) 392080

D) 8736.2

E) 10816

Step-by-step explanation: