62,500 for 1
2
years at 8% per annum
per annum compounded half yearly.
Answers
Answered by
4
Answer:
Amount = 70,304
intrest = 7,804
Step-by-step explanation:
principal = 62500
rate = 8%
= 4% half year
time = 3/2 years
= 3 half years
62500(100+4/100)power3
625×(104)3/10000
=70304
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