* 10,000 for 1 year at 8% per annum compounded half yearly,
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Answered by
0
Answer:
10210.12
Step-by-step explanation:
1 = 0.01
8 raised to the power of 0.01 = 1.2110 multiplied by 10,000 = 10210.121571
Answered by
1
Given: P=10000
R=8%p.a. compounded yearly
R=8/2=4%p.a.compounded half-yearly
T=1 year
=2 half years
A=P(1+R/100)^T
A=10000(1+4/100)^2
A=10000(104/100)^2
A=10000×104×104/100×100
A=10000×10816/10000
A=10816₹
A=P+I
10816=10000+I
10816-10000=I
816=I
compound interest =816₹
amount = 10816₹
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