Question

calculate the amount on rupees 8000 for 1 year at 9% per annum compounded semi annually​

Answer 1

Answer:

736.2

Step-by-step explanation

Since given semi annually double the Time and Half the Rate of Interest

so T= 1*2 =2 years

    ROI= 9/2 = 4.5

A=8000(1+ 4.5/100)^2

 =8000(104.5/100)^2

 =8000(1.045)^2

A =8736.2

CI = Amount - Principle

   =8000 - 8736.2

CI  =736.2