Question

A sum of ₹ 40,000 was lent for one year at 16% per annum compound interest. If the same sum is lent for the same time and at the same rate percent but compounded half – yearly, how much more will the interest be ?

Answer 1

Answer:

Given :

Principle amount P = 40,000

And

Rate r = 16%

Time t = 1 year

So ,

Simple interest = 40000 × 16 × 1100 = 400 × 16 = Rs. 6400

And

As interest compound half yearly we know formula , As :

Amount = P (1 + r2100)2t ,So

Compound money after 1 year compounded half yearly

So,

Amount = 40000 ( 1 + 16200)2 = 40000( 1 + 450)2 = 40000( 5450)2 = 40000 × 54 × 5450 × 50 = 16 × 54 × 54 = Rs. 46656

Then,

Compound interest = 46656 – 40000 = 6656

The more interest would be = 6656 – 6400 = Rs. 256

Answer 2

Answer:

your previous question answer :-

If − + = 5 and 2 + 2 + 2 = 49, find the value of : − −

this is the answer

Step-by-step explanation:

nyc to help uh!