Math, asked by miluvava, 1 year ago

13 )a) Amrutha deposited rupees 20000 in a bank which compounds interest half yearly.
The annual rate of interest is 8%. How much amount would she get back after one year?
b) Najiya deposited rupees 20000 in a bank which compounds interest quarterly. The
annual rate of interest is 16%. How much amount would Najiya get back after six months?​

Answers

Answered by KomalSrinivas
5

total amount she would get back after one year is  21648.6432

compound interest half yearly

anual interest rate = 8%

for half yearly r /4= 2%

and t = 1

we know that

A = P(1 + (R/4)/100) ' (4t)

= 21648.6432

2) amount would Najiya get back after six months  IS 21600

R = 16%

so quarterly R /2 = 8%

T = 1/2 Year

WE know that

A = P(1 + (R/2)/100) ' (2t)

= 21600

Answered by fgxkingston
3

Answer:

Step-by-step explanation:

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