calculate the difference between the compound interest on Rs400 for one year at 20% p.a. when interest is compounded annually and semi annually
Answers
Answered by
2
Answer:
the difference is rs4...
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Answered by
0
Answer:
amt- 480
time-80
Step-by-step explanation:
p=400rs
r=20%p.a
n=?
amt=?
ATP,
A=p(1+r/100)n
=400(1+20/100)n
= 400(1+1/5)n
=400(6/5)n
=400×6/5
= 480n
n=480-400
= 80
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