Question

14.Calculate the amount on Rs.5000 for 1 year at 10% p.a. compounded half yearly.​

Answer 1

Answer:

Given, Pricnipal=Rs. 5000

Rate =8%

Time =1 year, ⟹n=2∵ Compounded half-yearly

A=P(1+

2.100

r

)

n

A=5000(1+

200

8

)

2

A=5000(

200

208

)(

200

208

)

A=5408

C.I=A−P

=5408−5000

=408

C.I.=408.

Answer 2

Answer:

Step-by-step explanation:

Given

Principle = p = 5,000

Rate of interest = 10%

Time = 1 yrs

Compounded semi annually

$Amt = p(1+i)^n$

$Amt = 5,000(1+0.05)^{1*2}$

$Amt = 5,000(1.05)^2$

$Amt = 5,000 * 1.1025$

$Amt = 5,512.5$