calculate the amount and C I on 1800 for 1 1/2 years at 8 % pa compound half yearly
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Step-by-step explanation:
here for half yearly
P = 1800
T = 1 (1/2) × (2) = 3/2×(2) = 3
R = 8/2= 4%
Amount = 1800(1+4/100)^3
= 1800 ( 26/25)^3
= 1800 × 26/25 × 26/25 × 26/25
= 72 × 26 × 26× 26 / ( 25× 25)
= 2024.7552
compound interest = 224.7552
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