Calculate the amount if rs 12000 is invested at 12% compunded
Answers
Answered by
3
When compounded semi-annually or half-yearly,
Amount = P[1 + (R/2)/100]2t
When compounded quarterly,
Amount = P[1 + (R/4)/100]4t
Present worth of Principal P due t years hence is given by:
P/[1+ R/100]t
Amount = P[1 + (R/2)/100]2t
When compounded quarterly,
Amount = P[1 + (R/4)/100]4t
Present worth of Principal P due t years hence is given by:
P/[1+ R/100]t
Similar questions