Question

d) 8,000 for 1 year at 9% per annum compounded half yearly. (You could use the year by year calculation using SI formula to verify).​

Answer 1

Answer:

P = 8000

T = 1 ʏᴇᴀʀ

R = 9%

ᴀᴛǫ,

1 ʏᴇᴀʀ = 2 ʜᴀʟғ ʏᴇᴀʀ

= ᴀ = ᴘ ( 1 + ʀ/100)ɴ ( ɴ ɪs ᴘᴏᴡᴇʀ)

= 8000 ( 1 + 9/100)2 ( ᴘᴏᴡᴇʀ ɪs 2 ʙᴇᴄ.. 2 ʜᴀʟғ ʏᴇᴀʀs ɪɴ 1 ʏᴇᴀʀ )

= 8000 ( 200+9/200 )

= 8000 (209/200) 2 ( 2 ɪs ᴘᴏᴡᴇʀ )

= 8000 × 209/200 × 209/200

= ᴀ = 8736.20

ᴄɪ = ᴀ - ᴘ

= Rs 8736 - 8000 = Rs 736.20

Step-by-step explanation:

Dᴏɴᴇ ʙᴜᴛ 5 ᴍɪɴ ᴛᴀᴋᴇ ᴛᴏ ᴅᴏ ɪᴛ