calculate the amount on rs37,500 @8% p.a compounded half yearly for 3/2 year.
jay200335:
check my answer please
Answers
Answered by
0
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
Hope it will help you,
please follow me and mark it as brainlist,thank you!
Similar questions
Math,
6 months ago
Computer Science,
6 months ago
Hindi,
1 year ago
Math,
1 year ago
Sociology,
1 year ago