Question

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

Answer 1

Answer:

Step-by-step explanation:

Given :

compound interest on : 9600 for 1 2 years at 8% p.a. compound half-yearly.​

Solution :

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

Answer 2

Step-by-step explanation:

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