Question

Calculate the amount and interest compounal I and l.grs at 10% p.a the 2o, ooo for con compounded half yearly. ​

Answer 1

Answer:

Solution

P = Rs 2000

R=10\%

T= 2¹1/2 years: 5 2 years.

A = P * (1 + R/100) ^ T

(1

2000 1 +

10

100 5/2 = 2000 11 10

= 2538.1

~2538

C.I = A P = 2538 - 2000

= 538.

Hence Amount

=

5/2

1004

L

Rs 2538

C.I Rs 538