Bela borrowed rupees 25000 from a finance company to start her biotic at 20% per annum compounded half yearly what amount of money will clear her death after 11 by half years
Answers
Answered by
13
Answer:
Step-by-step explanation:
Given P = 25000, R = 20% compounded half yearly = 20/2, T = 1 1/2 = 3/2 compounded half yearly. = 3 years.
We know that A = P(1 + r/100)^n
= 25000(1 + (20/200) )
= 25000(1 +(1/10) )
= 25000(11^3/10^3)
= 25000 * 1.33100
= 25000 * 1.33100
= 33275.
Therefore the required amount = 33275 rupees.
Answered by
241
A N S W E R :
- The required answer is 33275 Rs
Given :
- Principal = 25,000
- Rate = 20%
- Compounded half yearly = 20/2
- Time = 11/2 = 3/2
- Compound half yearly = 3 years
To find :
- Find Amount of money ?
As we know that,
Formula Used :
Solution :
:
★
Hence,
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