Question

6000 rupees 10% p.a 2 in half year C.i...​

Answer 1

Answer:

500rs

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Answer 2

Step-by-step explanation:

Future value = Present Value *( 1+ r/n)^nt

Where,

r = yearly rate of interest

n = Number of compounding periods a year.

t = number of years.

Plugging in the values,

FV = 6000 * ( 1+0.10/2)^(2*2)

FV= 6000 * (1.05)^4

FV = 6000 * 1.21156

FV= 7293.

So the accrued compound interest is 7293–6000= 1293.