calculate CI and amount on rupees 8000 for 5 year at rupees 12% annualy compound -- semi annually
Answers
Answered by
1
Hey mate!!!
Given,
Principle, P = ₹8000
Time,t = 5yrs
Rate,r = 12%p.a.
Then,
Amount =
= 8000 *
=
Then,
Ci =₹ 14326.78 - 8000
Ci =₹ 6326.78
Given,
Principle, P = ₹8000
Time,t = 5yrs
Rate,r = 12%p.a.
Then,
Amount =
= 8000 *
=
Then,
Ci =₹ 14326.78 - 8000
Ci =₹ 6326.78
Answered by
0
A=P(1+R/100)^N
8000(1+12/100)^5
8000×(1.12×1.12×1.12×1.12×1.12)
14098.7
CI =14098-8000
SO Compound Interest is 6098 Annually Compounded
same way
half yearly means semi annually
8000x(1.06)^12
16097.5
CI = 16097-8000
8097 Compound Interest if calculated semi annually
formula like CI semi annually is A=P(1+R/200)^(n/2)
8000(1+12/100)^5
8000×(1.12×1.12×1.12×1.12×1.12)
14098.7
CI =14098-8000
SO Compound Interest is 6098 Annually Compounded
same way
half yearly means semi annually
8000x(1.06)^12
16097.5
CI = 16097-8000
8097 Compound Interest if calculated semi annually
formula like CI semi annually is A=P(1+R/200)^(n/2)
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