calculate amount and compound interest
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p (1+r/100)
10000 (1+8/100)^1
10000 (27/25)
400×27
10800
10000 (1+8/100)^1
10000 (27/25)
400×27
10800
Answered by
2
P = 10000
interest compounded half yearly, so
r = (8/2)% = 4%
t = 1×2 = 2 years
A = P(1+ r/100)^t
= 10000( 1+4/100)^2
= 10000(1+1/25)^2
= 10000×(26/25)^2
= 10000× (26/25) × (26/25)
= 16 × 676
A = ₹ 10816
C.I. = ₹(10816 - 10000) = ₹816
Hope it helps
interest compounded half yearly, so
r = (8/2)% = 4%
t = 1×2 = 2 years
A = P(1+ r/100)^t
= 10000( 1+4/100)^2
= 10000(1+1/25)^2
= 10000×(26/25)^2
= 10000× (26/25) × (26/25)
= 16 × 676
A = ₹ 10816
C.I. = ₹(10816 - 10000) = ₹816
Hope it helps
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