Question

calculate amount and compound interest on rs 8000 for 1 year at the rate of 9% per annum compounded half yearly. YA KON SA EXERCISE HA PLEASE BATAO​

Answer 1

Answer:

ci =(1+r/2)

8000=(1+9/2)

8000=109/100

8000*100/109

7339.9

Answer 2

Answer:

Given,

Principal,P =Rs.8000, Rate, R = 9% per annum compounded half yearly for 1 year.

Now, There are two half years in a year. Therefore compounding has to be 2 times.

And rate = half of 9% = 4.5% half yearly.

Therefore, the required amount =

$8000(1+\frac{9}{2\times100})^{2}$

= Rs. 8736.20

And Compound Interest, CI = Amount - Principal = Rs. (8736.20 - 8000) = Rs. 736.20