Arif took a loan of rs.80000 from a bank .If the rate of intrest is 10 percent per annum ,find the difference in amounts he would be paying after 1 and half years,if the intrest is compounded annually and compounded half yearly.
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A=p(1+r/100)
=r=10/2=5%
T=1/2×2=1
A=80000(1+5/100) 1
=8000(21/20)
=84000
=r=10/2=5%
T=1/2×2=1
A=80000(1+5/100) 1
=8000(21/20)
=84000
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