Math, asked by Abhijeetkumarroy1977, 6 months ago

Derive the compound amount formula. ​

Answers

Answered by TrueRider
17

Let us calculate the compound interest on a principal, P kept for 1 year at interest rate R % compounded half-yearly. Hence, for the cases, when the rate is compounded half yearly, we divide the rate by 2 and multiply the time by 2 before using the general formula for amount in case of compound interest.

Answered by devroy26780
9

Answer:

ur ans is here XD..

Step-by-step explanation:

Let us calculate the compound interest on a principal, P kept for 1 year at interest rate R % compounded half-yearly. Hence, for the cases, when the rate is compounded half yearly, we divide the rate by 2 and multiply the time by 2 before using the general formula for amount in case of compound interest

Similar questions