Question

3. What will be the amount if a sum of 2500 is
invested for 1 year at 4% per annum compound
interest, interest being compounded half-
yearly?​

Answer 1

hi,

here's your answer

Solution :

<br> (ii)

<br> n=4 half-years, find C.I.

hope it helps :)

Answer 2

Step-by-step explanation:

if , compounded half yearly then new, T - 2 yrs, R - 2%

2500 × 2/100 = 50 × 2 = 100

50 × 2/100 = 1 ×1 = 1

c.i - 101

amount - 2500 + 101 = 2601 ₹