Math, asked by nuzhatkhan7865, 1 month ago

2 points
Q1. Find the compound interest on
Rs. 10000 at 8% p.a. and in 1 year,
interest being compounded half-
yearly. *

Answers

Answered by avadmau121
3

Step-by-step explanation:

10000, Rate, R = 8% per annum compounded half yearly for 1 year. Now, There are two half years in a year. Therefore compounding has to be 2 times. And rate = half of 10% = 5% half yearly.

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