Question

compute the compound interest rs.12000 for 2 years at 20 percent per annum, When compound half yearly Please with explanation​

Answer 1

HERE IS YOUR ANSWER,

GIVEN,

PRINCIPLE = RS .12000

TIME (N) = 2 YEAR.

RATE= 20 PERCENT.

NOW , A= P(1+R/100)N

A= 12000 ( 1+20/100) 2

A= 12000 (1+1/5)2

A= 12000 (6/5)2

A= 12OOO × 36/25

A=172,80

hope it helps you.

Answer 2

hi buddy here is answer

P = 12000

T = 2year = 4 year ( compounded half yearly)

R=20%= 10%

=> 12000(1/10/100)power 4

=>12000(110/100) power 4

=>12000(11/10)power 4

=>12000(11/10x11/10x11/10x11/10)

=>12(11x11x11x11/10)

=>6(11x11x11x11/5)

=>87,846/5

=>17,569.2

=>17,569.2-12,000

=>Rs5,569.2

here is your answer buddy