4. Find the amount and C.I. on 5,000 for 1 year at the rate of 10% annum, when the interest is
compounded semi-annually.
Answers
Answered by
2
Answer:
5512.5
Step-by-step explanation:
P = 5000
R = 10% annually
R = 10/2% half annually
Time period = 12/6 =2
A = 5000 ( 1 + 5/100)^2
A = 5000 × 105/100 × 105/100
11025/2 = 5512.5
Answered by
8
Step-by-step explanation:
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