English, asked by nkmohanty1965, 9 months ago

calculate the amount of 31250 at the end of 2½ yrs compounded annually at 8% per annum​

Answers

Answered by Amarnath01
1

Explanation:

p = 31250

T = 2½

R = 8%.

. First we take 2 in compound interest . and we take ½ in simple interest .

31250( 1+8/100)² = 36450

A = 36450

c.i. = 36450 - 31250 = 5200

5200 × 1/2 × 2

_____________ =52

100

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