find compound intetest on rupees 62500 at 8% for 1 1/2 years if the interest is compound semi - annually .(solve this word problem)
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Answer:
p=15625
r=8%=4%half yearly
t=5.5years=11 half-years
amount=62500*(1+4/100)to the power 11
=62500*26/25*26/25*26/25*26/25*26/25*26/25*26/25*26/25*26/25*26/25*26/25
=3.6703445e+15-62500
=3.6703445e+15
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