2nd question bta do plz help me guys
Attachments:
Answers
Answered by
5
Answer:
amount= 17576
duration=18 months=3/2year
rate of intrest=8%
principal=?
Step-by-step explanation:
formula=
Attachments:
Answered by
15
Answer:
Question :-
- What principal will amount to Rs 17576 in 18 months at a rate of interest 8% p.a compounded half-yearly ?
Given :-
- A amount to Rs 17576 in 18 months at the rate of interest 8% p.a compounded half-yearly.
To Find :-
- What is the principal.
Formula Used :-
where,
- P = Principal
- r = Rate of Interest
- n = Time
Solution :-
Given :
- Amount = Rs 17576
- Rate of Interest = 8%
- Time = 18 months = = 1.5 years
According to the question by using the formula we get,
↦
↦
↦
↦
↦
By doing cross multiplication we get,
↦
↦
➠
The principal is Rs 15625.
Similar questions