A bank on saving account give compound interest at the rate of 8% per annum but after six months added the interest in the principal. If Om deposit rupees 4000 then find the interest after one year
Answers
Answered by
1
Step-by-step explanation:
4000x 8/100
=320
well if the interest is deposited after every 6 months
so then it becomes 640 rupees
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Answered by
0
Answer:
hey there your answer is
amount = p(1 x r/100)ˆn
amount = 4000(1 x 8/100)ˆ1/2
amount = 800root2 =1131.37+4000
=5131.37
cp= 1131.37
pls mark me brainliest
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