calculate the amount on rs37,500 @8% p.a compounded half yearly for 3/2 year.
jay200335:
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Here,
Principal (p)=rs.37,500
rate(r)=8%p.a
time(t)=3/2year
compound amount (c.a)=p(1+r/200)^t/2
=37500(1+8/200)^3/2/2 =37500(1+0.04)^3/4 =37500*(1.04)^3/4 =37500*1.0299 =rs.38619.467
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ans is rong
42,182.40 ans
sorry ur explaine is wrong
it depends upon calculation too you have to take each and every decimals so that you will get accurate answer
every digits after decimal
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