1. Calculate the amount and compound interest on
(a) ` 10,800 for 3 years at 12
1
2
% per annum compounded annually.
(b) ` 18,000 for 2
1
2
years at 10% per annum compounded annually.
(c) ` 62,500 for 1
1
2
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.
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