Question

8. Find the amount and the compound interest on 10,000 for 1
1
annum, compounded half yearly. Would this interest be more than the interest he
would get if it was compounded annually?​

Answer 1

Answer:

Annually is 10 100

Half yearly is

Answer 2

Given :—

Principal — ₹ 10‚000

Time — 1½

Rate — 10%

Answer :—

C.I ➨ 10‚000(1+10/100×2)²×½ — 10,000

➨ 10‚000×21/20 — 10‚000

➨ 10‚500 — 10‚000

➨ ₹ 500

★ I hope it's help you

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