Math, asked by anamika1778, 10 months ago

a sum of money 2400 was borrowed at compound interest calculated half yearly with a rate of 25/4%.
Find the amount after 1 year

Answers

Answered by junaidkhan61

5

Answer:

2552.34375

Step-by-step explanation:

principal=2400

rate=25/4%per anuum

=25/8%per half yearly

time=1 year

=2 half year

Amount=P(1+R/100)^t

=2400(1+25/8×100)^2

=2400(1+1/32)^2

=2400(33/32)^2

=2400×33/32×33/32

=2552.34375

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