Math, asked by shrmistha, 1 year ago

₹8,000 for 1 year at 9% per annual compounded half yearly

Answers

Answered by jerri
3
hello Frnd

here is your answer


Given as:-

Principal = ₹ 8,000
Time = 1 yrs
Rate = 9 %

As we know that

Amount = Principal + Compound Interest

also,
Compound Interest = Amount - Principal


amount = p(1 +  \frac{r}{100} ) {}^{n}  \\  \\  = 8000(1 +  \frac{9}{100} )^{1}  \\  = 8000(1.09) \\  = 8720

Now, Compound Interest = 8720 - 8000 = 720

Hence, Compound Interest = 720



hope it helps
jerri
Answered by Anonymous
0

\huge\bf{Answer:-}

Refer the attachment.

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