Math, asked by hrithikraj05, 10 months ago

Alok invested 20000 with rate of interest 20% per annum interest is compounded half yearly for the first year and in the next year it was compounded what will be the total interest earned at the end of 2 years

Answers

Answered by Anonymous

4

Amount = Rs [20000(1+10/100)square (1+20/100)]

=Rs (20000×11/10×11/10×6/5)

=Rs 29040

CI = Rs (29040 - 20000)

=Rs 9040

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