Question

5. A sum of 12,500 is invested at 6% p.a. compounded
annually for 5/ 2 years. Find the amount at the end of
5/2
years.​

Answer 1

Answer:

P = 12,500

R = 6%

T = 5/2 years

SI = ?

SI = P×R×T

100

SI = 12,500×6 × 5/2

100

= 1875