Question

1. Mahesh took a loan of Rs. 1,00,000 from abonk. If the rate of interest is 10% per annum, find the
difference in amounts and compound intereses if he would be paying after 3/2 years and the
interest is -
(i) compounded annually.
(ii)compounded half-yearly. please tell me correct answer​

Answer 1

Answer:

100

Step-by-step explanation:

Mahesh took a loan of Rs. 1,00,000 from abonk. If the rate of interest is 10% per annum, find the

difference in amounts and compound intereses if he would be paying after 3/2 years and the

interest is -

(i) compounded annually.

(ii)compounded half-yearly. please tell me correct answer