Question

Calculate amount and compound interest on : 1 1/2 9600 for years at 8% p.a. compound half-yearly.

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Answer 1

Answer:

Given, interest per annum=8%

so half yearly it will be 4%

P=₹ 9600. T=1.5 years

so, CI=9600x26x26x26/(25x25x25)-P

=10,798.7-9600

=₹ 1198.7

Step-by-step explanation:

Answer 2

Answer:

Given, interest per annum-8%

so half yearly it will be 4%

P-9600. T=1.5 years

so, Cl=9600x26x26x26/(25x25x25)-P

=10,798.7-9600

= ₹ 1198.7

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