Question

6. calculate the amount and compounde interest for the following:
d) ₹20000 for 2 years at 5 percent per annum compunded half yearly​

Answer 1

Answer:

amount will be, ₹22050

compound interest will be, ₹2050

Step-by-step explanation:

formula for A =

$p(1 + \frac{r}{100} ) {t}$

where

a is total amount

p is principal

r is rate per annum

t is time

so C.I. =amount - principal

hope this will help you... (๏_๏)