calculate the amount and compound interest of 10000 for one year at 5% per annum compounded half yearly
Answers
Answered by
2
it amount is twenty year
yas123:
no it is not coreect
the corrwct answer is
A = P ( 1 + R / 100 ) then..... P = 10000, R = 5% adn T = 1 year 10000 ( 1 + 5/ 100 ) = 10000 (105 / 100 ) = 10000×105/100=100 × 105 = 10500 then..... interest = A - P .... = 10500 - 10000
sorry but I didn't understand
it compound half yearly so rate will be half =5/2 and time will be double ie t=2
of thank you
then it is 500
Answered by
0
I think it is helpful for you
Attachments:
no
time was one year
and rate was 5%
mark as brainliest
Similar questions
History,
6 months ago
Social Sciences,
6 months ago
Hindi,
6 months ago
English,
1 year ago
Physics,
1 year ago
Math,
1 year ago
Social Sciences,
1 year ago