calculate the amount and compound interest on RS 10,000 for 2year at 10% per annum compounded half yearly
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Answered by
0
Answer:
i don't know
Step-by-step explanation:
ok thanks for nice question
Answered by
6
Step-by-step explanation:
R=10%÷2=5%
T=2×2=4half years
A=P(1+R/100)^T
=10,000(1+5/100)^4
=10,000(105/100)*(105/100)*(105/100)*(105/100)
=105×105×1.05×1.05=12,155.0625
Cl=A-P
=12,155.0625-10,000
=2,515.0625
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