₹8ooo for 1 year at 9% per annum compounded half yearly
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Answered by
2
P = Rs 8000 , n = 2 and R = 9%.
A = P ( 1 + R / 200)2n
A = 8000( 1 + 4.5 / 200)2
A = 8000 x (204.5 / 200) x (204.5 / 200)
A = Rs 8364.05
Hence Interest = Rs 8364.20 - 8000 = Rs 364.05.
A = P ( 1 + R / 200)2n
A = 8000( 1 + 4.5 / 200)2
A = 8000 x (204.5 / 200) x (204.5 / 200)
A = Rs 8364.05
Hence Interest = Rs 8364.20 - 8000 = Rs 364.05.
Answered by
2
Amount= Rs. 8736.2
Interest= rs.736.2
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