Math, asked by Abhijeetkumarroy1977, 4 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

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