Question

1500 lent at compound interest of 2% per annum compounded half yearly for two years will amount to


PLSSS ANSWER FAST IT IS AN EMERGENCY
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Answer 1

Answer:

1623.64

Step-by-step explanation:

P=1500

I= 2% = 0.02

n= 2x2= 4

A=?

formula

A = P(1+r)^n

A= 1500(1+0.02)^4

A= 1623.64