50000 for 3 years 12 whole 1/2% per annum.
Answers
Answered by
4
Answer:
Percussionist Ron Forbes played an important role in Evelyn's life. Eventhough Evelyn was determined to live a normal life and pursue her intrest in music most of her teachers discouraged her. But he was the one who saw her potential and determination
Answered by
2
Solution :-
We have the formula for compound Interest,
A=P(1+ r/n )^n.t
Given :-
A = total amount
P = 50000
r = annual interest rate = 8%
n = 2
T = 3/2
Substituting, A=50000(1+ 0.08/ 2 )²× ³/²
A = 50000 (2.08 /2 )³
A=56243.2 This is the amount after 1 and 1/2 year
Compound Interest, I=A−P=56243.2−50000=6243.5
Required Answer is 6243.5
~Answer completed~
~Be Brainly ~ :)
Similar questions
Computer Science,
2 months ago
Physics,
2 months ago
Physics,
2 months ago
Computer Science,
5 months ago
Social Sciences,
5 months ago
Science,
11 months ago
History,
11 months ago