Question

12)How much will Rs 256 amount to in one year at % per annum, when the interest is compounded
half-yearly?​

Answer 1

Answer:

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Step-by-step explanation:

R=12.5% but 6.25%(half yearly)

6.25%=1/16

First half second half

256×1/16 16+1/16×16

16 16+1=17

Total interest =16+17=33

Amount =256+33=289