6. What will be the compound interest on
5000, if it is compounded half-yearly for
1 year 6 months at 8% per annum?
Answers
Answered by
2
Rs. 624.32
Therefore, the compound interest is Rs. 624.32 on Rs. 5000 if it is compounded half yearly for 1 year 6 months at 8 % per annum.
Answered by
1
Rs. 624.32
The compound interest is Rs. 624.32 on Rs. 5000 if it is compounded half yearly for 1 year 6 months at 8 % per annum it will be Rs. 624.32
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