6. calculate the amount and compounde interest for the following:
d) ₹20000 for 2 years at 5 percent per annum compunded half yearly
Answers
Answered by
3
Answer:
amount will be, ₹22050
compound interest will be, ₹2050
Step-by-step explanation:
formula for A =
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... (๏_๏)
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