calculate the amount on Rs. 12000 for 1.5 year at
the rate of 10 p.a. compounded annually
Answers
Answered by
0
Answer:
8000 rupees
Step-by-step explanation:
Answered by
2
Interest for 1 year will be= 12000*10*1/100= 1200
So amount after 1 year will be 13200 which will be principal for next half year
Interest for half year= 13200*10*0.5/100=660
So final Amount will be 13200+660=13860
So amount after 1 year will be 13200 which will be principal for next half year
Interest for half year= 13200*10*0.5/100=660
So final Amount will be 13200+660=13860
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