Question

(b) Ravi invested an amount of 20.000 at 10% per annum. Find the compound interest received on the investment if the interest is compounded half-yearly. ​

Answer 1

Answer:

9282. Given:P. = 2000t = 2 yearsr = 20%Concept used :Amount = P[1 + (R/100)]TWhen compounded half-yearly,T = 2 × T R = R/2CI = A - PCalculation:If interest compounded half-yearly, thenT= 2 × 2 = 4R = 20/2 = 10%A = 20000 × (11/10) × (11/10) × (11/10) × (11/10)⇒ A = 29282CI = 29282 – 20000⇒ CI = Rs.

Step-by-step explanation:

please Mark me as brainliest