10 Find the amount and the compound interest on 50000 for 1×1÷2 years at 8% per annum,
the interest being compounded semi-annually.
Find without using the formula
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Among = P + I
P=50000
R=8% p.a.
T=1/2yrs.
So , Interest =
Therefore, Amount= Principle + Interest
Amount = 50000+2000
= Rs.52000. ( Ans.)
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