Question

find CI on RS 8,000 for 1 year at 9% per annum compounded half early​

Answer 1

Answer:

here your answer

736.2

Step-by-step explanation:

we know that

compound interest on compounded

half yearly

CI=p[1+R/2/100]^2n-p

here

p=price

R=rate of interest

n=time

ATQ

p=8000

R=9%

n=1 year

substitute the above values in identity

CI=8000[1+9/2/100]^2-8000

=8000(1+9/200) ^2-8000

= 8000[(200+9)/200]^2-8000

=8000×209/200×209/200-8000

=8000[209/200*209/200-1]

=8000[(43681-40000)/40000]

=8000×3681/40000

=3681/5

=736.2

Answer 2

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Refer the attachment.