12,800 for one year at 7
%
16. Find the amount and the compound interest on
per annum compounded semi-annually.
Answers
Answered by
4
Answer:
term = 2 ( as it is compounded semi annually)
r% = 7%
p = ₹12800
amount = p×(1+r/100)^t
= 12800 × ( 1+7/100)^2
= 12800 × 107/100 × 107/100
= ₹14,654.72
compound interest = amount - principal
= 14654.72 - 12800
= ₹1854.72
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Answered by
16
Answer:
here is your answer
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