Question

calculate CI for rupees 62,500 for 1/2 year at 8% p.a compounded 1/2 yearly?​

Answer 1

Answer:

2480

Step-by-step explanation:

CI=p[(1+i)^n-1]

compound half-year

62,500(1+0.08/2-1)^0.5*2

62,500(0.04)^1

2480