Question

find compound intrest when principal is 8000,Rate%is10 half yearly ,time is3/2

Answer 1

$a = p (1 + \frac{r}{n} {)}^{(nt)} \\ ⇒a = 8000(1 + \frac{0.10}{3} {)}^{(3 \times 18)} \\ ⇒ a = 8000(1 + 0.03 {)}^{(54)} \\ ⇒a = 8000 \times {1.03}^{54} \\ ⇒a = 8000 \times 4.93 \\ ⇒a = 39440$