Question

calculate the amount of ₹ 1.60.000 at 10% per annum for 2 years, compounded half yearly.​

Answer 1

Answer:compound Interest =}Rs. 34481.Step-by-step explanation:Given⚫ Rate => 10% annum=> 10% annum =} 5% per half year⚫Time => 2 years =} 4 half year $amount \: = \: p \: + \: (1 + \binom{r}{100}) {}^{n} \\ = > 160000(1 + \binom{5}{100}) {}^{4} \\ = > rs.194481.$Compound Interest = ( Amount - Principal) =} 194481 - 160000 =}Rs. 34481.

Answer 2

Answer:

34,481

Step-by-step explanation:

principal=₹1,60,000

time=2years

rate of interest=10%p.a compounded semi-annually

concept used:-

amount=p×(1 r/100)t

when compounded semi-annually,r'=r/2 and t'=2×t

calculation:-

~compounded amount when compounded semi-annually= principal {1+(rate/290)} (2×time)

~compounded amount=160000{1+(10/200)} (2×2) =160000(21/20)⁴=₹ 194481

~compounded interest =amount-principal=

Rs. (194481 - 160000)= Rs. 34481