a loan of 25000 at 8% per annum interest being compounded half yearly what amount will he pay after 1 year
Answers
Answered by
0
Step-by-step explanation:
principal = 25000
compounded half yearly at 8%
t = 12 months
so, compound will be twice as time is twice
16% of 25000 is 4000
so Amount = 29000(25000+4000)
Similar questions
Math,
12 days ago
Music,
12 days ago
English,
24 days ago
English,
9 months ago
India Languages,
9 months ago