Question

compute the amount and the compound interest
principal=10000 rupees,rate-20 percent per annualy compounded half yearly ,Time=2 years​

Answer 1

Answer:

AMOUNT = ₹14641

COMPOUND INTEREST = ₹4641

Step-by-step explanation:

PARAMETERS GIVEN,

PRICIPAL=₹10000

RATE = 20%

TIME = 2YEARS

SO,

WE KNOW,

A=P(1+R/200)^2n

 = 10000(1+20/200)²*²

 = 10000(220/200)⁴

 = (10000*220*220*220*220)/200*200*200*200

 = 23425600000000/1600000000

 = ₹14641

SO,

CI=A-P

  = ₹14641-₹10000

  = ₹4641

I HOPE YOU UNDERSTOOD THE QUESTION