Math, asked by 31july75, 4 months ago

Caculate the amount and the interest on a sum of 88000 Rs invested for 1 year at 5% p.a. compounded half yearly

Answers

Answered by dineshjain1997

1

Answer:

₹92400

Step-by-step explanation:

half yearly= time = 1×2= 2

= rate= 5/2

simple intrest= PRT/100

= 88,000×5×2/100×2

= rs 4400

amount= 88000+4400

= ₹92400

I hope it helps

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