Question

A sum of RS 2,400 is borrowed at a half-yearly compounded interest rate of 25/4 %. . . .1) find the amount of the debt at the end of one year. . . . .2) find the amount of money required to clear of the debt after 1.5 year​

Answer 1

Answer:

amount to be paid after 1 year

=actual amount (1+rate/100)^time

=2400(1+6.25/100)^2

=2709.375

For amount required after 1.5 year to clear of the debt=2400(1+6.25/100)^3

=2400(17/16)^3

=2878.7109

Step-by-step explanation:

please mark my ans as brainliest please

Answer 2

Answer:

hope it helps you☺☺✌

flw me☺☺

please mark as brainlist❣