find amount and CI when p- 1800. R-4%, t- 2 year....half yearly
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Answer:
p = 1800
r= 4 %
t= 2 yrs compounded half yearly so, n =4
Step-by-step explanation:
a = p ( 1 + r/100)n
a = 1800 ( 1 + 4 / 100) 4
1800 ( 1+1/25)4
1800( 26/25)4
1800 ×26/25×26/25×26/25×26/25
amount = 2,105.74
c.i = 2,105 . 74 - 1800
= 305
therefore , c.i = 305
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