Question

12000 for 2 and half year at 20% per annum. Compounded half yearly

Answer 1

Answer:

19326.12

Step-by-step explanation:

12000(1 + 10/100)^5

12000(1 + 1/10)^5

12000(11/10)^5

$12 000 \times 161051 \div 100000$

12 * 1610.51

19326.12

Answer 2

Answer:

19326.12

Step-by-step explanation:

12000(1 + 10/100)^5

12000(1 + 1/10)^5

12000(11/10)^5

12000 x 161051/100000

12 * 1610.51

19326.12